The short-term breakout could be created a close price above the strong resistance at 1,555 USD / ounce.
Conversely, Decrease of price could be pushed down the strong support of this week, the lowest level is 1,480 USD/ounce.
Short position will be chosen. Obviously, price broke out below price area at 1.6148, so this created the " double top ". So, it can lead to a downside potential till 1.6000 area or 1.5948 area.