Technical analysis:
Gold has been trading downside as I expected and the price has reached downside objective at $1.900. Anyway, I see potential for the further drop.
Due to the downside momentum and the downside trend, I see potential for the further drop towards next reference point.
Downside objective is set at the price of $1.885
RSI oscillator is showing downtrend condition with no evidence for the pullback.
Key resistance is set at the price of $1.903