"it would be great to have some constructive opinion of experienced gold traders about the chart and the macro events affecting gold right now."
I definitely don't think you should ask Skol for a chart. Have a look at some of his.
I don't consider myself to be an experienced gold trader. I just like to buy gold stocks when the time is right.
Despite the price making higher highs and higher lows and still bouncing up from it's support line, the price really needs to get some momentum behind it or it could penetrate that line. That doesn't mean to say it's over for gold but the price could come back rather severely.
US Inflation at 5% is at a 13 year high so in reality it should hold but it's not difficult to imagine the "Federal" Reserve are up to their usual tricks.
Gotta keep fudging up the USD and the Dow so the gold price has to come down.
