We need to see a close above the 200 dma, and then need to see gold bounce to the upside off the 200 dma, if it falls.

As you see from the 1-year price chart, gold wasn't able to do so over the past year:

http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2016/02/03/20160203_gold1.jpg

Happy, but remaining sober,

Old School