In regards to the XGD index Paddington, personally I would be focusing more on the USD Gold Price Chart and the AUD/USD charts as they will be the ultimate drivers of that index.
As both of those are looking constructive for gold in the mid-term you would have to think odds are good that we continue to see a grind upwards - with a few bumps along the way.
The Brains Trust-2019, page-573
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