In the four-hour charts, the technical picture remains positive, with the 100-SMA continuing to point upwards. Meanwhile, the daily RSI has turned flat marginally above the neutral territory, suggesting the prices may retreat before another rally takes place. In short, despite some signs of a potential downside correction in the immediate term, the general picture for safe-haven precious metal remains upbeat. Once above the mentioned multi-year highs, the bullion may exceed the $1,750 region.