I think we are going to tag the 200 in the following 2 months and the rally will start up again.
In the following 2 months it will be hard to make money in gold because price will jump up and down.
My advise to use strategy - Tradingview has a very good strategy in the indicators box- sell at overbought and buy at oversold. But in 2 weeks shorting gold should be stopped because it's getting more and more dangerous.
When the second stage of the bull starts at the end of April or May the shorts will be toasted..
Notice the difference between the last 3 bear market decline and the decline we are having now...
In the bear market the declines were a straight way down.
This decline is jumping up and down as big funds are positioning in gold for the next 3-4 years...