Technical analysis:
Gold has been trading downside as I expected and the market broke rising wedge pattern, which is good sign for the further downside movement.
Due to the rejection of the resistance and breakout of the rising wedge pattern, I see potential for the further drop towards lower references.
Downside objectives are set at the price of $1.922 and $1.910
RSI oscillator had bearish divergence in the background, which is good indication for the further downside movement.
Key resistance is set at the price of $1.935
