The ichimoku momentum line, while confronted by cloud hurdle, is staying above prices seen about a month ago, a sign that medium-term momentum remains constructive. In the long run, gold is expected to rise toward the $1,333 to $1,341 area, which marks the 38.2 percent Fibonacci retracement of the metal’s decline from 2012 to 2016, as well as the 200-week moving average. http://www.bloomberg.com/news/articles/2016-02-24/gold-rally-may-peter-out-as-as-multi-week-pullback-on-horizon-analysis