Skol, you're just as one eyed as all the gold bugs.
I also see a series of higher lows (in the short term) and a bullish descending wedge reversal pattern playing out to a T on your chart.
If you go back even further and look at gold over the last 20 years, we are approaching an almost perfect intersection with the long term trend line. You can clearly see the gold bubble - we're now almost back to business as usual.
That to me suggests we could be nearing the gold correction. We may see a big selling climax. Doesn't bother me either way.
If anything, it looks to me like we are about to reach a fork in the road and things should get interesting.
