If another Covid does not show up, it seems to have broken the trend.
This is a very good entry point as it is close to the bottom of the uptrend and the horizontal range. Be careful if the price breaks the uptrend down.
There may be a pullback to 1.33, but the direction is now up for a very very long term.
If GOLD breaks the downtrend channel up, sky is the limit.
Long term downtrend broken with a nice monthly candle. Looks very promising once it manages to stay above 2.79.