The extended bearish momentum (in the lower time frame) which began from 1679 resistance region towards the 1621 key support region provided an opportunity to take a long position which I personally took.
The price reversal from the key support region was of strong momentum which is now extended and due for a retracement / pullback.
Gold continues to trade in consolidation. The lower time frame consolidation is between 1621 and 1679 region. A breakout confirmation of the 1621 can push price further especially if the Dollar continues to appreciate while a breakout confirmation of the 1679 can push price towards 1730.