Is Gold about to hurdle above 2011 monthly closing highs and send a long-awaited bullish message? It is attempting to do so at this time!
This chart looks at Gold on a monthly closing basis. The 2011 monthly closing highs took place at (1).
Gold looks to be forming a long-term bullish cup pattern, over the past 9-years.
With seven trading days left in the month, Gold is attempting to break above 2011 closing highs at (2).
If Gold can close out the month at new all-time highs at (2), it sends a very positive price message to Gold bulls!