Gold is Inches from Huge Breakout
Precious Metals surged today led by Gold’s 2% gain to $2096. It needs to clear $2100 convincingly to confirm an epic breakout.
Gold’s 4-year handle has two cup and handles within it, that project to $2350 and $2500.
Silver should outperform Gold in this macro environment but Gold has the advantage in the near-term due to better technicals.