XAUUSD continues to maintain bullish gains
Although price action in gold remains somewhat subdued, the upside momentum is intact.
Prices are now trading close to the previous highs near the 1700 – 1699 level.
If there is a scope for a retracement, then the recent breakout above 1671.95 will establish as support.
A rebound off this level could support the upside bias.
Watch the minor rising trend line which could signal a shift in the momentum on a possible downside breakout.