Weekly and Daily, all indicators are on downside, is Under zero, is Under 50% both with downtrend and is in the ditch.
We must wait for clear rising signal wich will appear on daily basis before going long.
Until then I wont be suprise to see GC1! going Under 1000$ to the next support wich is around 900$ or even lower.
It is hard to make money on downtrend except if you buy product like wich following gold in downtrend like HGD
Please trade carefully