Technical analysis:
GOld has been downwards as I expected yesterday. Gold has reached the first downside target at the price of $1.856 but there is still potential for downside continuation.
Trading recommendation:
Watch for potential selling opportunities on the rallies with the next downside target at $1.845 and $1.812.
Stochastic is showing fresh bear cross and overbought condition, which is another sign and confirmation for the downside rotation.
Key resistance is set at $1.873.