Technical analysis:
Gold has been trading downside as I expected. There is the breakout of the rising trend line in the background.
Trading recommendation:
Due to the breakout of the rising trend line in the background, I see potential for the downside movement towards the downside references.
Watch for selling opportunities on the rallies with the downside targets at $1,792 and $1,783.
There is the massive supply in the background and major resistance is set at $1,814
