Gold is back!
After multiple attempts at pushing gold price down...here we are again! This is the weekly chart, and we are at an imminent breakout once again. The sentiment in gold is definitely at an all time low right now. Stocks are still going up, crypocurrencies are red hot, there's absolutely no reason for anyone to be thinking about gold at this point in time. Sounds familiar?
A weekly close above 1300 will nail the final hit in the coffin. I highly suspect we are near a major market event... and it is definitely around the corner. Loading a little gold would be great insurance in the uncertain times ahead.
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