XAU/USD might see 1244 line at fibbo 61.8 or can test 1250 monthly resistance. It broke first resistance at 1223.50 with news on 14.07 which showed US economy slowed down thats why USD dropped very hard. Adding to this DXY's drop and AUD's strengthening triggered XAU to move and break the resistance. It will show some recovery and if it holds up there our next move will be long.