Analysis of Gold for May 14,.2021 - Big supply cluster at teh price of $1.840

Technical analysis:

Goldhas been trading upside but I found strong resistance at the price of $1.840. THere is potential for the downside rotation.

Trading recommendation:

Watch for potential selling opportunities at $1.838 for the further downside movement.

Downside targets are set at the price of $1.820 and $1.810.

Stochastic is showing overbought condition and potential for the downside rotation.