Cannot say that I'm well-informed but do dabble a lot in oz golds. A (free as well as paid) newsletter, "The Technical Trader", suggests that gold will bounce between USD 1273-1280 range and USD 1315 for 30 days or more, then break towards USD 1500. Only use the free part myself. FWIW.
Cheers, pmd3nka (currently virtually out of market; missed ANO today)
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