US Gold is trading exactly around the peak which occured 10 years ago in 2011. A breakout and consolidation above 1900 would be very positive considering it is a 10 year significant level. We might know as early as this week whether Gold can break above 1900 or if resistance starts to kick in. A breakout or sideways trading between 1850 - 1900 would be positive in my opinion. A sharp sell off taking the price below 1850 would be more negative. let's see what this week brings!
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