Technical analysis:
Gold has been trading downside as I expected in the background but this morning I found weak rally, which is sign for the potential downside continuation.
Due to the strong downside trend in the background and negative reversal on the RSI oscillator, I see potential for the further downside movement towards lower reference.
Downside objective is set at the price of $1.815
RSI oscillator is showing negative reversal, which is good sign for further downside movement.
Intraday resistance levels are set at the price of $1.827 and $1.835
