Looking at the area where price is at. GOLD has broken out of the downtrend and is looking like it is on its way back up to at least the week resistance which is the purple area.
I drew the heads and shoulders pattern before the start of the right shoulder and so far it has gone to plan. By looking at the chart, I can see that price is currently at a resistance and has already had some rejection from this area. I think price will sell to around 0.67290.
