Gold ran up to price resistance at the early Dec high of 1767 which was also the Fib 61.8% retracement point of the Sept to Dec selloff and typically backed off. Price has now pulled back to 1st support at 1705 which was the mid Aug plunging low point and has had a 'thing' with this price ever since. Nice bounce off support but this pullback has been very mild so far. This 1705 area is also the 20ema that price typically bounces off of when in an uptrend. So far this level is holding as support. As long as price bounces off the rising 20ema the short term uptrend is intact. The longer term multi year uptrend of over 3 years is also intact.