Technical analysis:
Gold has been trading sideways at the price of $1.669 and I see potential for the breakout mode.
Trading recommendation:
Due to the sideways regime and narrow range days, I see potential for the breakout of the range.
In case of the upside breakout of the resistance at $1.682, watch for buying opportunities on the intraday dips with the upside objective at $1.725
In case of the downside breakout of the support at $1.659. watch for selling opportunities with the downside objective at $1.619
