Bull Market Comparisons

The following chart compares the last 8.5 years of the gold bull market with the same period of other recognized bull markets:

I would say that the bull market in gold started in year 2000, and that it has been 10 years running so far. A good reference source using CPI-deflated charts measuring the gold bull market with the Dow bull market, where surprisingly, the analogy has turned up again and again. One thing they haven't outlined is a deflated CPI+shadowstats comparison using shadowstats.com, though that might be overstated(or understated using deflated charts):

supersize: http://www.flickr.com/photos/11747277@N07/4869524224/sizes/l/in/photostream/

source: files.me.com/fransix/k95iib

Weekly Analogous Chart

The weekly chart in gold shows analogous moves to previous rises in the gold price. Last week saw a test of the 34-week EMA. I would be looking for an RSI to pass the 60-mark:

supersize: http://www.flickr.com/photos/11747277@N07/4869552836/sizes/l/in/photostream/

stockcharts.com

Weekly GBN.V Chart

The GBN.V weekly log scale chart demonstrates that we are well within a diamond pattern, likely the break out of the top and upwards, rather than through the bottom to start a new downtrend:

supersize: http://www.flickr.com/photos/11747277@N07/4869574554/sizes/l/in/photostream/

stockcharts.com

-F6