Aug Gold is bumping up against its broken 3 year uptrendline that failed to hold in April. It would take a lot to clear and hold above such a serious breakdown level. If price can hold above $1616 which is the April low support that broke down in May and was re- cleared Friday and then even just consolidate sideways, that would be a good sign it will re-clear this broken uptrendline resistance line in the near future. Right now the odds are against this occurring.