Technical analysis:
Gold has been trading sideways at the price of $1.784. There is potential for the bigger drop but the price would need to break the symmetrical triangle pattern to confrim downside continuation.
Trading recommendation:
Watch for potential selling opportunities in case of the downside breakout of support at $1.773
Downside targets are set at the price of $1.757 and $1.681..
Stochastic is showing fresh bear cross, which is another sign and confirmation for the downside rotation.