UPDATE - Gold did break 1647 (50% Fibonacci - weekly range) and inclined as high as 1653, but still was not able to maintain above this level and went back down to around 1641 (50% Fibonacci - daily range).
In case of further incline, it might be limited at around 1664 - 1667. Breaking the red thick line could be the sign of the uptrend for the rest of the week, but if it breaks 1641 and stable below that level then gold might be back on the downside and testing yesterday Low around 1634 or even lower to 1631 - 1626.
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