Gold channel chart still valid, Silver consolidating and might be coiling.
Please see latest copper chart for an inspiration of what movement gold can have. (Link)
I found this interesting information about gold content in ocean water:
"There are about 26,000 tones of gold in the ocean, about 5 grams for each of the 5 billion humans on the Earth."(Link)
Short study about gold short positions will be published soon.