Technical analysis:
Gold been trading upside this morning but I see potential for the downside rotation due to extreme condition and potential completion of the ABC upside correction.
Trading recommendation:
Due to the the potential completion of the ABC upside correction, watch for selling opportunities..
Watch for potential selling opportunities on the intraday rallies with the downside objectives at $1.809 and $1.790.
Stochastic is showing extreme condition and fresh bear cross, which is sign for the further downside movement.
Key resistance is set at $1.856
