Technical analysis:
Gold has been trading upside this morning but I see potential for the downside continuation.
Trading recommendation:
Due to bear flat pattern in creation and strong downside cycle, watch for selling opportunities with the downside objectives at $1,728 and $1,724.
Stochastic oscillator is showing overbought condition and fresh bear cross, which is another sign for the further downside continuation.
Resistance is set at $1,745
