Gold; 8-Year Breakout Attempt In Play!

Gold; 8-Year Breakout Attempt In Play!

Since the 2011 highs, Gold futures have created a series of lower highs and lower lows inside of falling channel (1). The rally since the lows in 2016 has Gold facing the top of its 8-year falling channel at (2). This test comes into play as resistance for Gold,...
Gold breaking out against King Dollar!

Gold breaking out against King Dollar!

Since 2011, Gold has been much weaker than King Dollar. Over the past 3-Years, it is attempting to change the long-term trend. This chart looks at the Gold/Dollar ratio over the past few years. The ratio hit a low in December of 2015 and has been creating a series of...