Gold seems to be struggling to get back above $555 -- the halfway point between the high and the low.
The investors have plenty more ammunition to throw at it. The underlying interest in metals generally, and gold in particular, is still so great that you have to suspect that you are going to challenge the highs again which is $10 away.
You are not getting much direction from oil because it is ... not showing much of a trend. People are a bit uncertain and the base metals are probably not helping ... Gold seems to be struggling to get back above $555 - the halfway point between the high and the low.