Gold broke its uptrend structure (labelled 'BOS') and has been on a downtrend ever since. However, after performing a change of character (labelled 'C'), it's at a potential area where support can hold and it can turn back bullish to test 2007 area. In addition, there is some imbalance to the upside and also a lot of liquidity (labelled '$$$') at higher levels. If support holds then gold LONG!