Recent comments on the U.S. – China trade relations, increased the risk appetite in the global markets and led to the selling movements in Gold. Turning towards the descending channel pricing with the latest selling movements, the precious metal is trying to find support at $ 1481. If this level is also broken downwards, the selling pressure might increase its efficiency and continue its downward movement and reach $ 1479 - 1474 support levels. In case of possible purchases in response, $ 1485 resistance may have a limiting effect.