Technical analysis:
Gold has been trading sideways at the price of $1.872. There is potential for the bigger drop but the price would need to break the key support at $1.865 to confirm downside direction.
Trading recommendation:
Watch for potential selling opportunities in case of the downside breakout of support at $1.865 with the downside targets at $1.856 and $1.845.
Stochastic is showing overbought condition and fresh bear cross, which is another sign and confirmation for the downside rotation.
Key resistance is set at $1.874