Since Gold was able to restest the 1834 level the shiny yellow metal has failed to surpass this area. There was a second rally to this level however the price was only able to reach the 1830 area before correcting. This near 2% correction could lead to lower levels, however due to the volitlyy that Gold has shown in the past, a retest of the $1810 area seems likely. The RSI levels on the 15m, 1hr, and 4hr time frame are all oversold which shows that there is room for XAU to rise from here. The stop-loss area for this trade is located just below the 1787 level, if this break then a short positon is advised.