Gold: This Is Not Your Daddy’s Breakout

Image Source: Pixabay
This was a premium post of 19 August 2024:
We are certainly living in interesting times. My own research points to mega changes beyond what most of us can imagine.
My approach is to search for more tangible or visual evidence of these great and dreadful events (that many can sense).
That’s the reason I apply the chart analysis that I (mostly) do. A chart is like a witness to these events, whether in the past or still coming.
If there’s a major event coming or one that has already occurred, there will be a chart that shows evidence of it (or evidence that it may likely manifest).
Previously, I presented this long-term gold chart:
(Click on image to enlarge)

Personally, I consider it to be a very significant chart (read more here). The breakout at point c is very significant, and this is understood since it is like the point c breakout in 1979.
This is what I call $9000 significant (since this is the minimum target). But there is a witness that can better articulate the significance and greater implication of this breakout:
(Click on image to enlarge)

This is not your daddy’s breakout. This is the daddy of breakouts. The coming events that this breakout alludes to will probably shake this nation (the U.S.A.) and the world to their core.
More By This Author:
Random Thoughts On Silver (Young People Do Take Note)
Update: Tracking The Silver Bull Market; Key Channels And Fractals
The Last Time Silver Surpassed A Long-Held All-Time High This Happened
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