The battle will continue for weeks, probably months, but it only takes a few days for a few well heeled buyers to change the situation ( Remember Hunt brothers and silver?). If the price of gold goes up, users of it would stop buying and the price will go down. Just replace those users with those buying investors that want to buy because they believe the price will go much higher and they are buying to get in on the profits before the rest of the public, the gold price does not self arrest but continues up.

Way up, because a buying frenzy begins.

Within hours if not minutes ( because of computer aided buying ) the price goes up not by tens of dollars but hundreds per ounce.
I saw it in the late 1970s and could not believe for my eyes how the situation changed on an hourly basis. Ordinary Joes off the street began to get on that train. Those who got in late paid high and many of those lost when the price crashed shortly afterwards and they refused to believe that it will not return to the peak.

( My own brother got in a bit late, did not follow my advice to sell a portion to get most of his money back, and got stuck with the bars to this day because he refused to sell for a loss, case of honour. Now I tell him to hold.)

The short of this story:
It will likely take a while yet but it could happen any moment and surprise just about everyone.
Cheers to the prospects.