The Gold Report
Gold prices appear to be headed higher, given the fact that price has broken above the 20- and 50-day moving averages. However, the charts are looking even better for the miners, as they show price being squeezed in a narrow range between the 200- and 50-day moving averages, and when that happens price tends to react violently—either up or down.
This triangular pattern is apparent on both the BUGS (HUI) and Philadelphia Gold and Silver (XAU) indices. I'm more bullish on the shares of the gold miners than gold itself, based on what I’ve seen on the 10 year GDX:$/GOLD chart. That's a ratio which compares the stock prices of the majors with gold futures.
Some good analysis of that came to me last week from Richard Rhodes of Rhodes Capital, courtesy of Chartwatchers. 
Richard notes a large trading range from top to bottom, with each level tested multiple times in sequence. Also, we've got two large, almost identical bottoms (2000 and 2008), which suggest the next move will be a repeat of what happened after 2001 when we hit that subsequent top. The full stochastic (bottom) shows that a bullish phase came in 2001 after hitting a midpoint, which is where we are now.
Notable Quotes
"TMM is a favorite; it just had another record-breaking quarter." (5/24/13) Timmins Gold Corp. - The Gold Report Interview with Ivan Lo More >
"We are comfortable with CSI's ability to begin pouring gold by Q4/13." (5/16/13) Colossus Minerals Inc. - Joseph Fazzini, Dundee Securities More >
"BTO reported solid Q1/13 results; its balance sheet remains strong." (5/16/13) B2Gold Corp. - Morning Coffee More >
"The bankable feasibility study results on SGC's Asmara are positive." (5/16/13) Sunridge Gold Corp. - Adam Lucas, Ocean Equities More >
"Free cash flow at AR should be stronger in H2/13 as production ramps up at La Colorada." (5/15/13) Argonaut Gold Inc. - Christos Doulis, Stonecap Securities More >
Bullish Correction Looming for Gold Shares
Source: Seeking Alpha, Kevin Barker (2/25/10)
". . .the charts are looking even better for the miners"
More Experts
"MND's Costerfield delivered another solid quarter across all metrics." (5/15/13) Mandalay Resources Corp. - Benjamin Asuncion, Haywood Securities More >
"We favor SVL as it continues in 2013 with strong production numbers." (5/15/13) SilverCrest Mines Inc. - Philip Ker, PI Financial More >
"Drilling the remaining strike length could more than double INM's La Cigarra resource." (5/22/13) International Northair Mines Ltd. - The Gold Report Interview with Maria Smirnova More >
"BAR's Bug Lake zone has grown by 350m and remains open." (5/14/13) Balmoral Resources Ltd. - Erik Bermel, M Partners More >
"ROG's Burkina Faso deposit will be easy to mine, inexpensive to build and very profitable." (5/20/13) Roxgold Inc. - The Gold Report Interview with Brent Cook More >