The widely fluctuating areas of the DPO show two distinct market areas: 79-83; and 05 to now.  This agrees with what others here have said that the “current” bull market in Gold is actually a continuation of the last one which didn’t really end in 2011 but was only in consolidation.  Perhaps the past trend line for the movement ending in 2011 could be cloned and used like a channel line for the current movement providing a very useful gauge for identifying shorter term counter trends if the two price movements are actually parts of one larger one.