Short Analysis: As gold is creating slightly higher lows and RSI is indicating lower lows, a bearish 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 bullish 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