Technical analysis:
Gold has been trading upside today but the key pivot resistance on the test at $1.746. Watch for the price action around key pivot level to confirm further direction...
Trading recommendation:
Due to test of the resistance there is potential for the downside rotation.
Watch for potential downside rotation with the downside objective at $1.715.
Stochastic is showing overbought condition and fresh bear cross, which is sign for the further downside movement.
Key resistance is set at the price of $1.750
