Technical analysis:
Gold has been trading downside as I expected and there is still chance for the lower prices and potential for the downside reference to be on the test.
Due to the downside momentum and the breakout of rising trendline in the background, I see potential for the further drop towards lower references.
Downside objective is set at the price of $1.945
Stochastic oscillator is showing downside reading, which is good sign for the further downside movement.
Key resistance is set at the price of $1.966
