Gold Short Update

About a week ago I went short Gold via a calendar spread. On Monday my calendar was just beginning to turn profit and then yesterday Gold gapped up big time. Because the risk in my calendar spread is limited, I will continue holding the spread until Friday because I'm expecting a pullback in SPY which may induce some Gold holders to sell their Gold at the highs to buy SPY on the pullback. If Gold does not pull back by Friday, then I will close out my calendar spread.

Trendline A is the major uptrend line spanning the rise in Gold over a year. Trendline B is a shorter term uptrend line that goes back a few months. So the question is: if Gold does not pullback by Friday then should I buy gold? No, I'd wait for Gold to pullback to support at trendline B before initiating a long Gold position. And if Gold happens to crack trendline B, then trendline A remains a must-buy support level to go long Gold.