Gold is at the tail end of a multiyear correction from all time high right now - comparable to BTC in July of 2015. It has broken its downtrend on the weekly timeframe, and while there is a good chance it may retrace to the support zone around 1200 one last time, it is starting to look quite bullish. I expect we will see it above $2000 per troy ounce within 3-5 years. That ascending triangle on the weekly chart is anything but bearish, and the last two times it finished a consolidation pattern similar to the one it's completing now it was followed by a 300+ point run.
I couldn't even begin to predict what gold is going to do in the future. For all I know some shithole country could set off a nuclear weapon tomorrow and all the predictions will mean nothing.
My predictions are more like the weather, I can tell with high accuracy what the weather is going to be today, less so tomorrow and even less the day after. In 1 weeks time ? no idea.
I'm not disparaging your analysis, long term fundamentals is something I'd like to get in to so I can give up day trading, I just admit I don't have the skills to do it yet.