Gold broke out from the longterm downtrend channel and passed the test for breakout in daily chart. But as of now price is consolidating in a triangular wedge. As we dont have important news we may expect a breakout from this wedge in US session on Wednesday.
Gold may still need confirmation in weekly chart for the yellow bearish channel. Monthly chart is showing that we will have a bullish close. But still we may test levels near 1746 to get enough buying pressure. For all this we need to see which side gold will breakout from triangle.