Interesting to watch the progress of the gold price recovery over the last few weeks.
I've never subscribed to the (frankly ridiculous) 'forecasts' of the gold price crashing to under US$200/oz. There is simply no way that the gold price will fall that far below the costs of production.
But it's not been a great four years for gold for an asset which produces no yield.
I don't have any particularly strong views on where to next, other than from purely a technical perspective - just thought it was an interesting chart...