Gold range bound with bearish bias

Gold has been trading in a tight range of 1770 - 1745
Prices have been reacting to three fibonacci retracement levels.
1745 - 1758 - 1761
Overall direction of Gold is to be decided by price reaction to 1755-1745
Sustained move above the range can take Gold to 1770 - 1785-1797
Decisive trading below the range can push Gold to 1735 - 1715 - 1690