Here is what I said about gold on 20 December.
Here is the daily chart of gold with latest development. Indicators are now coming in favour of bulls slowly. MACD bullish cross over is now favouring bulls, RSI is also now out of the oversold area and now looks ready to move forwards towards north.
Here is the lower time frame 5 hour chart. Gold breaks first resistance of 1145 (only concern is thin volume due to holidays towards year end and price overreacts in thin volume) and now looks ready to overcome the next resistance of 1168 if it manages to trade and close above $1145.00.
Long overhead shadow on the last candle is not good for bulls and indicating the presence of sellers. Sellers stop now $1168.00.
Resistance: 1156 / 1168 / 1180
Support: 1138 / 1128 / 1122