“Gold is on the verge of a massive upside breakout”

Gold Decisively Breaks Out Of A 17 Month Consolidation!

Gold has now decisively broken out of a 17-month consolidation pattern! Importantly, gold hurdled resistance at the $1850 level we were discussing, which was the high price it reached in January. It’s another step higher in its uptrend as seen on….

Long-Apathetic Gold Investors Returning, Fuelling Upside Momentum

While gold has been grinding higher, it hasn’t soared yet despite raging inflation and rolling-over stock markets.  The main reason has been the lack of investment capital inflows.  But long-apathetic investors are starting to return, flocking back to gold exchange-traded funds as the US stock markets threatened a correction.  That buying is a bullish gold omen, fuelling upside momentum that will attract more investors.

From one of the worst to best-performing assets? Gold price to tackle $2,100 by year-end, says Wells Fargo

Gold can go from one of the worst perming assets last year to one of the best in 2022 as some of its main obstacles dissipate, according to Wells Fargo. After finishing the year down 3.6%, the worst drop since 2015, gold is looking for a breakout rally towards new record highs.

This Is Why Gold Will Break Out To Higher Levels

Today one of the greats in the business Paul Wong a Market Strategist from Sprott Asset Management gives us his key insights into why the price of gold is set to break out to higher levels.