The Run To $4,000 Gold Is Closer Than You Think

From goldbroker.com

For more than two decades, gold has been consolidating within a huge Cup & Handle pattern. During that time, sentiment toward the yellow metal has been completely destroyed. Even as gold has traded above the $2,000 level for ten straight weeks, there isn't much noise being made about gold on social media and the financial channels. Indeed the next big run in gold is much closer than the majority of investors seem to believe. chart Looking at the big picture monthly chart of gold, we see that it has now actually broken out of its Handle and is backtesting right at the psychologically important $2,000 level. The last ... (full story)