To what will or may happen with precious metals, one has to keep an eye on events that affect prices more so then charts

or even many experts.
US to add with another QE probably at end of January. Europe to buy up some flaky debt from nations that are teetering

from potential default. Merkel and Sarcozy need to come to an agreement, they probably will, they are just

reluctant.That means that paper 'money' from those regions will lose significant value.
These events I expected to have happened by now. Based on those events coming to pass I expected gold to reach $2000

before end of this year. Things have been delayed a bit.
Both actions should contribute to a rise in precious metal prices, it is just a matter of when.

I'm no expert but one does not need a crystal ball to see the above.