Forecast: continuation of UPTREND ...
while the price above the broken R 1555 turning support, I think GOLD may continue its uptrend to the target 1616.70 ...
unless we see a clear bearish patterns (Reversal setups).
GOOD LUCK :) :)
* after retrace and retesting the support line, may hit its target 1480.
* breaking down the support area may lead to further decline then you can open short position when it gives a clear bearish candle stick pattern...
* GOOD LUCK