Holding my set of Sells / Possibly will add more

Gold remains heavily pressured on a #1 Day basis as #1,717.80 didn’t rejected the Price-action, currently Trading on #1,735.80. The trend is approaching the #1,740.80 point as I am expecting the first signs of Support at #1,715.80 where Hourly 4 #MA50 is. If #MA50 breaks, expect #1,703.80 former Support test and #1,695.80 extension. However, if #1,715.80 holds, #1,740.80 should be tested again and if breaks, #1,748.80 should be next extension and in the same time Yearly high. With decent recovery development on Usd-Jpy and Stock markets soaring - I doubt that Gold will rise, but if does, I’ll be forced to close my set of Sells and suffer losses, and engage Buy order/shift my strategy (Personally, I think that the chances are slim). It all depends on U.S. session today. I am contemplating new set of Sells if #1,748.80 holds, since only if #1,748.80 is broken, Bullish continuation is possible. Fundamentals once again distorted Technical trend, also with only #9% chances for that kind of report announcement, it was difficult to project yesterday’s estimates. It is important to understand that despite the heavy Buying pressure by yesterday’s report announcement, Gold was only on # +14$ (by closing) and could Trade even lower today. Last time that I had similar case/report, Gold risen #36$ Intra-day. Daily Bullish Price-action confronted Buyers, but I doubt that it will last. Influenced by a strong report reading, Stock market is soaring and Usd_Jpy, as I noted, made a decent recovery. Daily Price-action pressed Gold as far upwards as current values, still didn't managed to find a Bottom. My outlook remains unchanged.