cha you mention 2009......have a look at the 7 year cycle.
2011 was the end of the previous cycle and was a top.
Go back 7 years from that and you get 2004 and gold price was starting to break out of a 15 year basing pattern and the big run up.
2011 + 7 years gives 2018 and gold price is testing the top of a 5 year basing pattern. You can see this best on the monthly.
So this year has the potential for a breakout. I'm with you, I'd prefer not to see gold go sideways into 2024. Either way there should be a price reaction big enough to notice on the long term gold chart.
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cha you mention 2009......have a look at the 7 year cycle. 2011...
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