Looking at the weekly chart - gold price is still within the boundraries of the long term consolidation, that's been going since 2013...So we're not out of the woods yet..
While I'm bullish on gold long term , next couple of weeks will set the tone for what the price is going to do for the rest of this year...
its The Fall months..Turbulent time of the year, with all the 'cash' piling back into the markets after a summer slump.