Gold went to 1870-1875 several times on Feb 1, 2 but it fails to break this zone to resume the long term up trend.
Gold has been choppy from 1840-1870 for many days, breaking the 1840-1870 will set a new trend for gold.
Gold is trading inside the gap 1848-1868 and it failed to break the 1868-1870. Gold will drop to test the 1848-1850 or 1838-1840 because the USD index is getting stronger.
Gold is waiting for Mr. Biden stimulus package which will the a catalyst to support gold to break the 1840-1870 range.
For short term gold signal, the 1868-1871 is a good zone to sell gold and the 1848-1850 is a short term support zone for gold buy.