Baires:

If the longer term (weekly, monthly timeframe) trendline of the correction that started on September 2011 can't be pierced by Gold, all those short term bullish charts mean nothing...

For example: In February 2014, a bullish cup & handle formation was forming on the Gold daily chart and then look what happened...

http://blog.kimblechartingsolutions.com/wp-content/uploads/2014/02/goldcupandhandlepatternfeb18.jpg

P.S. Go Tyhee :)