Gold prices declined yesterday, while still respecting the technical levels that were clarified in the previous analysis.
The price is now testing the support level 1782, which it failed to break during 6 previous attempts, as shown in the graph.
On the 1h chart, we notice the beginning of a reversal doji candlestick formation.
Accordingly, the price is likely to move to the upside today towards the upper boundary of the descending channel.
I think a long trade near the 1872 level would be fine with a small risk of placing a stop loss below this support level.
In the event that the deal fails and the support level is broken, I think that this will open the way for further decline in gold prices.
Good luck and remember not to risk too much.