Gold's Long Term Log Technicals

This analysis, although not designed to do so, aligns with certain fundamental events and periods where the relationship between gold, the dollar and QE have changed.

But the long term trajectory seems certain.

Although a bump in the road seems likely to continue for now to perhaps set up a good up and handle. A few more hundred dollars in this bump should not come as a surprise. Neither should the potential rise to a fib level well byond the previous high.