No one knows what will happen right now. I wouldn't mind having it be put to the test if it is happening anyway. US stocks are still heavily overpriced in most cases, so there is way more air that needs to find a way out, and it will take a year or two to find out where we stand in terms of valuations. It went up for a decade, and the correction/crash that follows similarly will take some time to find a bottom.

The very fact that Gold keeps increasing just tells me that capital is positioning itself in that asset out of fear, and there is no reason to expect it to stop increasing any time soon.