A rounding bottom usually signals a trend reversal. However, the resistance zone between 2011-2015 acts quite strong. We currently don't have any fundamental news that support further gold bullish at this point.
IMO, this level of resistance will hold, and we should see further decline to 1935-1945 area before the bull trend picks up
IMO, this level of resistance will hold, and we should see further decline to 1935-1945 area before the bull trend picks up