As I’ve said many times, we need to break above the $1400 horizontal resistance zone to complete the move into a clear bull market that can’t really be denied. Until then, there is still room for debate. So far, so good though, and the various indicators are looking very supportive of a sustained bullish move.

Just look at that rounded base pattern – if it’s the real deal, and we break overhead resistance in the coming weeks/months this is going to be a very exciting time. I’d expect a breather soon, but the mood music is changing. The Fed is boxed in, with rate hikes looking less and less unlikely. Gold will love it, I’m sure.