Right now, it's range bound, stuck between 10 month levels that will soon become 11 months after March's close.
For price to move, it needs to clear this zone, either up or down.
Once below, it can accelerate more freely towards either the low below or a resumption of the monthly rally.
Fundamentally speaking, the rising dollar has been hurting and the normalization of interest rates didn't help, creating a cascade in equity prices. Clearly, central banks world wide, are interested in keeping rates low or even negative for the most part, further inflating their asset bubbles, and keeping the fiat ecosystem healthy.
The forecast is for sideways price action in the dollar index for an extended period of time.
This makes the gold and silver (and Bitcoin!) long prospects very attractive, since this can lead to a lose of faith in fiat money as the bubbles become unsustainable, even with the most sringent of monetary policies.
To resume the long term uptrend, we would have to break the resistance above 98, but it would be interesting to go long against the 92.6-89.59 zone as well. I wouldn't bother with trend trading in this scale, and would rather trade swings in the daily.
Notice how this chart looks a lot like S&P500...same implications.