Just my opinion.
when the Oil is falling down, same goes the Gold.

Some prediction is that Gold will fall below 1K, and it seems some resistance from falling further, support perhaps ?
and China bought too many expensive gold and tons of it...now the falling making the Gold Price, less valuable.

when the Oil on the Rise, same as the Gold on the rise as well..

(so the next will be .... )
and with the US Fed Rate Interest after a Decade, indicating cost, price, salary, economy UP UP...will be the Gold as well ?

just sharing.. im not expert but the difference's very obvious just 5 years ago or 10 years ago.