The US weak market let Gold grow.
The support rests at 1606.31 with resistance at 1628.15 which both lines are above the weekly pivot point at 1584.94. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving above 50 level, the Stochastic is showing downward momentum and the MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals. The price is above the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen is showing a downward trend while the Kijun-sen is showing an upward trend.
The indicators are showing mixed signals. The support line breakthrough will push the price down towards 1590; otherwise Gold will continue its growth towards 1650.