From E. de Groot:
A double-peaked setup, an indication of strong accumulation, has completed in 2012. See chart 3. This is first setup of this type since 2008. Gold rallied $733 to $1900 after the 2008 setup.
Chart 3: Gold London P.M Fixed and Gold Diffusion Index (DI)
http://edegrootinsights.blogspot.com/2012/01/accumulation-in-copper-euro-gold.html