Looks like the US & the French's bargaining power is over. Their ability to keep pumping gold prices up just to suck the yellow nation dry has come to an end. China will surely find a substitute to gold and proceed with production,henceforth gold prices will fall.
Technically Gold has reached a triangle lock zone and might surely never taste the 2600.00 mark.
we anticipate a drop in Gold prices as shown in the picture all the way down to the 2500.00 mark before further decisions are to be made.
Use proper risk management and adhere to good trading practices.
Best of luck.