Gold is trying to cover the loss against USD.
The support rests at 1478.09 with resistance at 1509.74 which the weekly pivot point at 1503.43 is located in between the lines. The EMA of 10 is moving horizontally in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving below 50 level, the Stochastic is moving in low ranges and the MACD line is above the signal line in the positive territory. The ADX is not showing any clear signals. The price is below the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
The resistance level breakout will push the price up towards 1519.10; otherwise, short positions are recommended towards 1465.