I have seen my long-standing fav indicator Slow STO lose it's predictive qualities as it has tended to stay high through a big bull move - which it can do - see $1300 to $1900 upmove on chart
http://stockcharts.com/h-sc/ui?s=$GOLD&p=W&b=5&g=0&id=p36120726837
Old reliables MACD and RSI(14) are behaving nicely as indicators however - notice top at $1900 and their corresponding predictive effects.
So, other than very short term (my chart is weekly, not daily),which might be rocky, the intermediate term (say at least into Thanksgiving, maybe into December) looks good for a test/breakout of the old high. But that sets up a big risk-off event promised by the *ssholes in Congress as we take the fiscal cliff to the limit. I look for a break in POG at that time.
Strike