It seems that the trend lines . Desire and are reflected upward.
W. pattern.and Double bottom formed for gold . And we should not wait for fall.
There may drop to 1158. For this week.
But not to worry. Because. Gold will be reformed to 1400
Came to similar conclusion - watch how the dollar index is on corrective rally which will push gold lower to at least create another higher low which sits around 1150 - 1160 area until mId May - I am placing Longs there and look to hold till June July - projecting 1260 for profit taking:-)