Capital flows set the direction of secular trends. Linear up trends have been broken to the upside in many if not all global currencies. In other words, capital is flowing in gold at increasing rates across the globe. This is something to remember when the short-term orientated media likely characterizes today's action as a gold "pounding".
USD Gold

Euro Gold

Swiss Franc Gold

Yen Gold

Loonie (C$) Gold

Kiwi (A$) Gold

Real Gold