For all these people saying that gold will drop like rain, I don't believe it.
Let me explain.
On Hour 4, we have a 12 and 26 ema crossover with a pullback.
My long term trend indicator is a buy.

I'm buying gold. I placed a small position Friday. So let's see what happens. My prediction is that gold is a buy.
Support and ResistanceTrend Analysis

Penafian