Well a rally of some substance should occur off major resistance and very oversold oscillators. 1st 'significant' resistance is the Nov low double bottom breakdown point at 1667. That is also the broken uptrendline of the Symmetrical Triangle. "IF" Gold is going to rally again in dramatic fashion it has a hell of a lot of work to do getting through a ton of resistance all the way back up. Lots of people underwater that would love to unload all the way back up. And those that have to liquidate their only winning trade over the last while as well to be concerned about. No longer a 'clear blue sky ahead' for Gold.