Four fast figures facts:
What's it all mean?
But does Gold climb from here, or is the end of this weekly parabolic Long trend near? For our doting dot counters out there, the present ascent of blue dots numbers 13 weeks: that's but half the longest Long run millennium-to-date of 26 weeks (June-December in 2005), which itself is one of five mutually-exclusive parabolic Long runs of 20 or more weeks since 2001. To be sure, as we turn to Gold's weekly bars, the tight range year-to-date stands stark: quite zany it is given all the other markets' disruptions over this plight and that. But we'll take the graphic's rising dashed trendline versus being stuck within the purple bounds of The Box (1280-1240) every time; (and, per a valued reader's recommendation, we've added to the stats the Gold/Silver ratio when +80x):
