Rough and ready Elliott count here, but this looks like it could be heading to new highs - not really room to mark it on, but I'd put us in or at the end of wave iii of c at the right-hand edge of the chart, so iv and v still to come would leave scope for a run to new recovery highs - SPX to rise further, gold to fall, or some combination thereof.
Here's a possible count whereby gold could fall from here, but I have to say I'm a bit ambivalent on it:
Just a load of my ramblings basically - I started this blog in order to have one place where I could record my thoughts and charts - to see where I went right - and more importantly where I went wrong, so I can learn from it.
Plus any other rubbish I feel like venting on, natch.