Gold investors have been waiting a long time for this breakout moment and it's happening

From cnbc.com

Investors are piling into gold, sending the precious metal to a six-year high on Tuesday, and analysts think the commodity has established a “base” to go even higher. Gold futures hit a high of $1,442.9 on Tuesday, its highest level since May 2013 when it traded as high as $1,444.9. The precious metal is up more than 8% so far this month, on pace for its best monthly performance since 2016. “Bigger picture though, given the magnitude of the base which has taken six years to form, we suspect we could even see a retest of the $1921 record high,” David Sneddon, global head of technical analysis at Credit Suisse, ... (full story)