As I said in yesterday's long-term analysis, I believe that Gold has bottomed out and a resumption to the long-term bull trend has started. On an hourly chart, we can see that a well-defined buy zone is just under 1720 and, in my opinion, dips in that zone should be bought. The short-term target can be 1755 last high's zone while a daily close under 1700 would negate this scenario.