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16.09.202114:25 Forex Analysis & Reviews: Analysis of Gold for September 16,.2021 - Strong downside as we expected and potential for drop towards $1.745

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Technical analysis:

Gold has been trading downside as I expected. The price reached first two downside targets at $1,792 and $1,782 and got another breakdown.

Trading recommendation:

Watch for selling opportunities on the rallies wit the next downside targets at $1,754 and $1,744.

Stochastic oscillator is showing no signs for the reversal, which is sign that sellers are in control.

Resistance is set at $1,782

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