Rarely do people look at the monthly chart. 

Gold is at a key level of support and also formed a strong bearish single i.e. train tracks. 

What is the current stance on Inflation? 

Then we could gauage an idea of where GOLD will go. 

In my opinion, I would stay away from GOLD just for now, until I am confirmed on the direction it will want to go. 

With inflation being higher in the market and creeping up even more, I am anticiapting GOLD likely to move up next. 

Now if the price of the DXY hits 94.23 then I am definitely looking to SHORT GOLD and LONG the USD. 

But then again, thinking in terms of the markets perspective, what will the next person pay for GOLD? 

The DXY hit the ceiling, ideally making GOLD cheap to buy. 

My stance isn't firm. So I am on the sidelines of this one. 

You can do 3 things, buy, sell and hold. 

Not trading is also trading. Remember that!