Technical analysis:
Gold has been trading downside overnight and strong support zone at the price of $1.849 is on the test. Watch for the price action to around this key support zone to confirm further direction....
Trading recommendation:
In case of the rejection of the key support zone, watch for buying opportunities with the upside objectives at $1.858 and $1.863
In case of the downside breakout and hold below the support zone, watch for selling opportunities with the downside objective at $1.835
