Gold A Longer Term Perspective

From Chart of the Day:

{This} chart provides some long-term perspective in regards to the gold market. ...Gold has been in a strong bull market since 2001. The pace of that upward trend increased beginning in mid-2005. Following the financial crisis of late 2008, gold surged once again. While gold made another record high today, it still trades significantly below resistance (red line) of its upward sloping trend channel. In the end, with gold currently trading near $1,250 per ounce, gold has more than quadrupled in price during its nine-year bull market.

Link:  Gold

*Long ETFs that invest in gold as an asset class in certain client accounts.