I'd be more sure that an imprtant low for gold is in , some talk about about a 9 year cycle in gold (not just Tim Wood) which would bottom next year, but I think in price terms a 50% retracement would be in the 620's which would not invalidate the gold bull. If a new low was made you may find that the gold stocks do not make a new low

As for oil I dont think THE low is in, there maybe a retest after the spring