Keeping my set of Buys

As expected the #1,710’s Support Zone (spot prices on my reports) has accumulated the necessary Buying force, initially to stop the downtrend (Gold pressured by Stock markets) and make Gold trade sideways on Hourly 4 chart. With the Daily and Weekly charts all with Williams% levels near the critical bottom point, it is obvious that there has to be an attempt to neutralize these levels and should spike Gold upwards. On the Short-term it is Hourly 1 chart that got my attention that has the most probabilities to meet it’s Bullish sequence and that will be within #1,737.80 - (my Medium-term Target). On an Intra-day level if #1,731.80 breaks, Price-action will be calling for #1,755.80 extension. As I mentioned yesterday, these pullback projections will be invalidated once Gold crosses above #1,731.80. Gold may defend the #MA50 for a period of time but I highly doubt the Bearish potential, which means that Bullish bias is inevitable. However, if Gold defends the #MA50 for few more sessions, I can't rule out the possibility of Gold retesting the #1,700's zone again, since Buying sequence wasn't strong enough - that's why my approach regarding this situation is pretty cautious. Of course, sooner or later Gold will respect the Bullish Medium-term trend, but it is not worth holding Positions to #1,700's Double Bottom. Strong display of the underlying Bullish trend (Intra-day) as despite the strong daily dip on DX (# -0.24%), Gold (which is negatively correlated with Stock markets) is Trading sideways within roughly Bollinger bands (Xau-Usd spot prices on my reports). I am currently witnessing another Gold's attempt to break the Resistance, and is an additional reason why Gold's Bullish trend is still intact. I remain Bullish towards #1,737.80 with strict Risk management/Stop-loss.