Technical analysis:
Gold has been trading downside yesterday as I expected. The price tested the first objective at the price of $1,789. Anyway, there is potential for another downside breakout.
Trading recommendation:
Watch for the breakout of the important pivot support at $1,784 t confirm further downside movement.
Downside objectives will be set at the price of $1,762 and $1,755
Resistance level is set at the price of $1,795 and $1,798
