Gold (XAUUSD) looks ready to break out and make its 2021 debut at higher prices. If you saw my forecast on November 28th, you know gold was likely to find support between $1,700 and $1,790. Sure enough, XAUUSD caught a bid at $1,765, which is the location of the first channel support shown above and, of course, between $1,700 and $1,790. Earlier this morning, I mentioned to Daily Price Action members that I felt gold was about to rocket higher at any time. A few minutes later, XAUUSD surged $25 to where it is now around $1,865. If gold can close the day above $1,850, it would open the door to channel resistance near ... (full story)