After a pullback, Gold is set to resume its uptrend. See the chart below.
The overall trend has been bullish with 50 day moving average above the 200 day moving average.
It has broken the falling trendline from its August highs. After the breakout it has retested the trendline. This is a picture perfect pattern. A MACD zero line crossover will further confirm the uptrend and should be the point to reenter longs.
