You buy gold in here, this is a cyclical buy. July and August are the busiest months for jewelers in India and China when most people traditionally get married during this 2months.
There is not institutional sellers left to sell gold as they already have sold months ago, the only sellers in GLD are short sellers, short sellers with no sellers are like poker players when bluffing by going all in.
So there is massive bying of physical gold to happen in the next months and there is no insitutional selling left to sell.
Short squeeze is coming, Gold Spot is heading to 1340-1360$ by 27th of June