Technical analysis:
Gold has been trading upside and I found that market is testing key intraday resistance at the price of $1819.
Trading recommendation:
Due to the rejection of the key resistance at the price of $1.819, I see potential for the further downside movement.
Watch for the potential selling opportunities with the downside objectives at $1.811 and $1.800
Stochastic oscillator is showing overbought reading and potential for further downside rotation.
Key resistance is set at the price of $1.820
