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Gold Poised for a Historical Breakout in 2024

08/23/2023

Less than a minute

2023.08.23 03:04

Jordan Roy-Byrne, CMT

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 , one from the Gold price in Paris (during the Gold Standard era) and one from spot commodity prices.

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08/23/2023

Less than a minute