Video: 3 Leading Indicators to Watch for Gold Breakout
Gold needs a weekly and monthly close above $1900 for a breakout. A breakout is when a market clears a critical resistance level and proceeds to launch higher. The breakout is the start of the move.
We highlight 3 indicators that will confirm a breakout in Gold and a new bull run in Gold and gold stocks. These are Gold against foreign currencies, Gold against the stock market and the GDX advance/decline line.