Analysis of Gold for September 03,.2021 - Watch for the breakout of the balance

Technical analysis:

Gold is trading sideways at the price of $1,814. Watch for the breakout of the balance to confirm further direction.

Trading recommendation:

Due to the sideways regime, watch for breakout of support or resistance to confirm further direction.

The breakout of the resistance at the price of $1,820 will potentially lead Gold towards $1,833 and $1,860

Downside breakout of support at $1,803 will potentially lead Gold towards $1,782