3 Leading Indicators To Watch For Gold Breakout

By Jordan Roy-Byrne of The Daily Gold
Saturday, February 19, 2022 4:15 PM EDT

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.

In this video, 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.

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