Yesterday, XAU/USD cleared an important resistance at 656, which paves the way towards next major resistance on weekly charts at 676.
The initial move was started from 602 5 Jan Low. It looks like it hit a channel resistance at 661.20, however all indicators are bullish and point to more upside.
Any failure should be contained by 640.60 29 Jan and 30 Jan bottom, or around the 630 area to resume the broader uptrend.
Buy dips down to 640,630 for a move towards 676 Target.