New Gold Bull Market? Not Until This Happens!

New Gold Bull Market? Not Until This Happens!

After a big summer rally, Gold peaked out at $1566/oz in September. Since then, Gold prices have been consolidating between $1475 and $1550. So what’s happening here? Enter the Swiss Franc currency… In today’s chart, we look at a key indicator (and correlation) for...
Gold Is Knocking On Key Breakout Level

Gold Is Knocking On Key Breakout Level

In 2013, Gold broke below its 23 percent Fibonacci retracement level and a bearish trend change took place at (1). This was the beginning of a bigger decline that saw gold fall another 450 dollars. Nearly six years later, Gold returns to this “breakdown” level in...