Technical analysis:
Gold has been trading sideways at the price of $1,806 but the key pivot is set at the price of $1,815.
Trading recommendation:
Watch carefully price action around the key pivot at $1,815 to confirm further direction.
The rejection of the pivot at $1,815 can lead the price towards $1,800 and $1,785
The breakout of the pivot at $1,815 with the fallow trough can lead Gold towards $1,848
Stochastic oscillator is showing overbought condition....
