The question is, what does the market want to do? Because it's not trending. What you have is a pattern of a higher high, this $2564.30 was higher than the previous high.
Silver topped in April of 2011, whereas gold continued to rally until it struck its top 5 months later in September. So, I think Silver is now going to make an attempt to catch up.
There is no trend and gold is working off an overbought condition. It's past tense. With the market down, it's worked off; it is no longer in overbought territory.
Gold looks to have further to run as the Federal Reserve prepares to chop rates, traditional drivers such as lower yields return, and Western investors pile back in.
Gold has mostly fallen in September since 2017. Any decline should be short-lived, offering a good opportunity to boost both short-term and medium-term investments.
