Analysis of Gold for September 06,.2021 - Buying climax in the background and potential for the absorption

Technical analysis:

Buying climax in the background and potential for the bigger drop in the next period.

Trading recommendation:

Due to buying climax in the background, there is potential for the downside rotation and potential absorption.

Watch for selling opportunities with the downside targets at $1,817, $1,814 and $1,805.

Key resistance is set at the price of $1,832