Personally, I would think that Gold is in a down trend for below reasons;
1. If we look at the weekly chart of Gold and Silver, they have engulfing candles.
2. While on the other hand we have Bullish USD Index..
3. From the Elliott Wave view point.. The way I see it Gold is in the process of making the 3rd leg (please correct me if I am wrong).
Regards,
Rf7