Gold. Are we there yet?

There is a new look at the price of gold. In fact, gold has continued its bull market in most currencies:








But, what about in US Dollars? As you know, due to the distortion caused by the unrealistic value of the US Dollar, gold is said to have been in a3 year bear market. There is a theory that if we look at the monthly gold graph, the cross overs of the MACD represent BUY and SELL signals. Here is the gold price plotted that way:





According to this indicator, gold has entered a new bull market. Just barely.