According to the Wycoff Theory gold is in Phase C (UTAD) where it ram through old highs before distributing out sells. And so i see it buying to clear out the liquidity at 1664-1668 to sell to the downside to clear all the liquidity at the bottom at 1574 and below.
Comment:
Floating 100 Pips in profit
sl at 1780.80
tp @1574