nice idea to sell now 1706 and exit 1702 for short, and dont forget for this week gold at sell condition. from 1706 is area sell to 1672. the recomendaion is sell for short and long.
Scalping-wise, I'm tempted to agree and have twice almost placed small "grocery money" shorts at $1706 to exit at $1701; however, I would not go short if we break above $1707 as that looks to me to be the "line in the sand" on shorter-term charts which would have me going long upon a retest from above.
Longer term, because daily RSI has failed to retest the support line (solid blue) I would like to see it breach the descending RSI resistance line (dotted blue) before I commit to going long.
Price-action-wise gold is in the bottom support...Ignored