As gold is creating slightly higher lows and is indicating lower lows, a divergence could be seen. With that being, we can expect gold to drop to 50% fib levels (1070.64) later on the week
Long Term Analysis:
Gold seems to be in a run. However i expect it to come down slightly before make new highs.
Short @ 1079.47 region
Stop @ 1083.12
First T/P @ 1073.77