This level was not broken for 3,248 days until the new all-time high was made recently in August 2020 of $2075.14/oz.
In fairness, there was some stickiness at that point but it actually turned into a resistance level to make a lower high.
As analysts, we cannot predict the futures but we can allow ourselves to take advantage of any serious market trends and this move has been choppy, to say the least.
Based on the price action on the weekly chart below, the price does look like it could move lower but if there is to be a recovery the purple zone would need to be taken out.