Gold longterm chart

As we can see Gold is making a decision for the next years now. Gold is at a very interesting point now. The ATH are close and there are only 2 resistance zones ahead, the highs from late 2011 to 2012 and the ATH from 6th Sep 2011 at 1920. I myself would give it a buy rating at the moment but as we see this is a long term chart and an ATH and its resistance should never be underestimated. The Fib should also play a role as we are at last 0.786 from the big downmove from 2011 (ATH) to late 2015.

I will publish a more shortterm analysis an a few minutes.XAUUSD