Gold ready for it's next leg down
Updated
200ma and trendline intersection is the logical target. Mid 1700s entirely possible. DXY rally will probably take everything down again.
Note
Retracement to the .618. Still looks corrective to me. Over 1936 and we're probably going much higher, but my feeling right now is this is a bull trap. 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.