Technical analysis:
Gold has been trading downside and I found the breakout of the bear flag pattern and the rejection of the resistance zone.
Trading recommendation:
Due to the downside breakout of the bear flag pattern in the background, I see potential for the downside movement.
Watch for the potential selling opportunities with teh downside objectives at $1.830 and $1.793.
Slow Stochastic is in the bear condition with no big warning for the upside movement.
Resistance zone is set at $1.870 and $1.877
