The last Yearly Cycle Low occurred in June of 2013, making the coming YCL very important in confirming the end of the bear market.  I expect that Gold will hold above $1,179, giving us both a 2^nd straight Investor Cycle above the June 2013 Low and, more importantly, a successful retest of the last June's Yearly Cycle Low.  If the retest is successful, Gold will have completed a very bullish inverse monthly H&S pattern, and a sharp counter-trend rally will be almost assured.  Gold's moves out of Yearly Cycle Lows are often explosive, and there is no reason to expect that this time would be different.  A new rally should be intense, and my expectation is for a move back to prior resistance around $1,520.