Gold is growing up gradually after several days of decline.
The support rests at 1723.23 with resistance at 1760.66 which the weekly pivot point at 1737.50 is located in between the lines. The EMA of 10 is moving horizontally in the ascendant channel and it is below EMA of 100 and 200. The Stochastic is showing downward momentum, the RSI is falling below level 50 and the MACD indicator is in negative territory. The ADX is showing sell signal. The price is in the Ichimoku Cloud and below the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
The violation of the support line may drag the rate towards 1700; otherwise, Gold will continue its slow growth.