Technical analysis:
Gold has been trading sideways at the price of $1,803 and I see potential for the test or reject of key pivot at $1,808.
Trading recommendation:
In case of the rejection of key pivot resistance at the price of $1,808, watch for selling opportunities with the downside objectives at $1,794 and $1,781
In case of the breakout of key pivot resistance at $1,808, watch for buying opportunities with the upside objective at $1,827.
