The next few trading days will be very important. If the rally falls and this creates another lower high below resistance (D) then I believe we are seeing larger scale distribution that started on 11 Feb into the "buying climax" (BCLX).
A failed "rally" would likely have to test support (A). My bias is GOLD despite my present thesis that it is undergoing some distributive pressure. So I speculate that we would begin to see some "reaccumulation" around $112.