Spot Gold (GC) testing last Month’s S/R (Support and Resistance Price levels) at $1,281.
And testing last Week’s S/R at $1,285.
The Long term trend is Upward at or exceeding a 5% annualized growth over 200 days ma. (Low momentum).
The Relative Strength vs. The S&P 500 Index has turned negative, over a 200 day ma. The confidence in the private sector (US equities), by investors, is trending higher.