2- Currently the Gold is Rectifying
3- Landing Area could be 1130/1120 then Long to 1445/1450 Area, this is Based on Numerical Analysis (Historical Records)
4- 2nd Scenario Based on (as the book), the Landing Area 1100/1080, then Long from this area
5- We may see a at the 1200/1170 Area that will be a signal for a strong
Same as your opinon that this will happen till FED Hike, currently the Gold is pricing itself due to the FED, after the FED Hike news, so immediately no more bearish and the Gold will start the Bullish Trip.