Dip in gold - time to buy

This dip in gold looks like a good time to buy.

GLD is sitting on the 200 day moving average and on trendline support.
Looks like we are getting ready for a retest of the $1350 high of 2016.
Downside risk about $1220

Copper in a long pennant formation.
Commodities in a deep bear and due for a turn around.