Looking at monthly chart for Gold, there are multiple technical parameters that are asking for a buy. After the top, gold fell to almost 44k which Fibonacci level of 0.618 on Monthly chart. It reversed from there and now forming a Cup and Handle Pattern along within a flag formation. This is a deadly combination for a big up move. This is important considering this is a monthly chart and has great significance. Considering this crosses 56K which is a strong resistance, it can move above 60K levels.