Historical Breakouts In 13 Years And Gold In 2024
Image Source: Pixabay
Gold is now 12 years through its cup and handle pattern and consolidation since the 2011 peak. 2024 will mark the 13th year.
There are a handful of examples of major breakouts from 13 year consolidations. There are three in the S&P 500, one from the Gold price in Paris (during Gold Standard era) and one from spot commodity prices.
Video Length: 00:08:57
More By This Author:
Oversold Bounce Coming In Gold, Silver & Miners
Key Downside Levels In Gold And Silver
3 Charts That Show Gold Still In Secular Bear
Disclosure: None