The Gold chart (US) is shaping up similar to the end of 2015. That 2015 period had a basing pattern for 8 weeks before breaking upwards in week 9.
We are now into week 8 of a similar basing pattern. Will Gold break upwards next week? I think we are on the cusp of a 15% increase in the next two months. Or will increasing rates keep Gold at bay? Umm!
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