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.
Most people agree it's the metal of the year for general fundamentals, but they are all heavily affected by massive speculation.
The underlying attitude towards metals in general and gold in particular is still positive. The bias still has to be to the upside, but people are reminded that this isn't a one-way street.
Gold is fashionable today. Most people are buying because the price has gone up, not because they think the price will go up.