In this chart you we see that great downtrend that has been forming since mid-2011. The important thing about this is that when gold capped in August of 2016 ($ 1350 / $ 1370) the correction was not so serious, it can be noticeable that clearly Rebound near the support line that has been forming since 2008, so we can say that gold would be going to try to break this huge downtrend meaning that price would try to reach $1285.
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