30th December Gold Outlook: If $1825 not cleared, Drop to $1797

Gold has been trading with a Bullish bias supported by psychological base above $1800 and seems to have formed support base around $1810-$1815
Since this is the last Trading day of calendar year, we may see some added volatility despite absence of institutional traders volume participation.
Technically, failure to close above $1827-$1833 will keep Gold vulnerable to a drop to $1800 and extend the decline to $1773 over an extended period of time.

For intraday session, a sustained move above $1815 keeps chances valid for retest of $1825 followed by swing top $1833
Failure to sustain above $1815 or rejection from $1822 zone may trigger correction towards $1805 followed by $1797

In the event of extended selling, $1784 will act as trend key which can decide further direction.

Summary: As long as Gold keeps afloat above $1815, there is a possibility of retest of $1825 and $1833 while weakness below $1815 can cause drop to $1805 and $1797