Gold Breakout above $1800 is Significant

٨ يوليو ٢٠٢٠

I have always viewed this $1800 price level in #gold as more significant than the $1910 blowoff top 2011. $1800 was the multi-month, triple tested resistance level that precipitated the 6-yr base. If it holds, the breakout above this level is secular and very bullish imo. GLD