Tag Archive: bargain hunters

The Next Major Breakout is Brewing

The gold bulls have not had much to cheer about in recent weeks. After hitting a multi-year high, the market has eased back and seemingly entered a consolidation phase. The last several weeks have seen prices trade around the $1500 region, and although prices are currently below this support level, they have not seen a significant leg lower. The lack of upside in recent weeks is actually a positive thing, not a negative. The next major breakout is brewing. After reaching multi-year highs in recent... Continue Reading

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