TECHNICAL ANALYSIS
Gold drops 1% on this day as $ 1,800 approaches

No respite for gold even as the dollar crumbles
With the dollar falling across the board, gold fails to take a break as yesterday’s bearish momentum continues in today’s trading.
The price is now down just over 1% to a session low around $ 1,815 and sellers are very ready for a test of the $ 1,800 level and the 200-day MA (blue line).