Commodities Analysis and Opinion
Gold Approaching Breakout in Real Terms
2023.03.14 06:26
The 3 things to watch this week are ’s weekly/monthly resistance at $1950 and Gold’s potential breakouts against the stock market and foreign currencies.
Gold against the stock market and Gold against foreign currencies typically lead the Gold price. Breakouts in those two ratios would imply Gold can break above $1950 in the short-term and test $2050.