Gold is close to a historic breakout vs the US dollar as $2,000 continues to be a floor, but take a look at this…
Gold
February 15 (King World News) – Graddhy out of Sweden: Gold has a huge orange breakout and backtest vs US CPI. And now a blue inverse head & shoulders breakout and backtest. Plus, climbing the right side of the green rounded bottom/arc.
A beautiful chart. And very bullish.
Gold’s Outperformance vs Inflation:
Green Rounded Arc Targets Much Higher Levels
Gold is getting ready. And so should you.
Gold & US Dollar
Graddhy out of Sweden: The inverse correlation GOLD vs US Dollar can be strong shorter term, but longer term it is not an issue, as this ratio chart shows. When this breakout happens, the opportunity will be generational, a rare event that does not come around many times during a lifetime.
Gold Close To Historic Breakout vs US Dollar:
Explosion Higher In Center Of Chart Shows What Happened Last Time Gold Broke Out vs Dollar
Do Not Miss It.
Gold
Graddhy out of Sweden: GOLD still holding blue line and the 2000 number.
Squeezed between blue support line and yellow resistance line (2020 ATH level).
Historical inflection point to say the least.
Launch Coming Soon As $2,000 Continues To Be A Floor For The Gold Market
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