Gold on the Verge of Breaking Out (June 19, 2019)

Gold is getting awfully close to knocking on the door of $1,400/oz. Today, after the Fed FOMC meeting, gold started it’s next leg up breaking through heavy resistance around ~$1,350/oz range… Surprisingly (or not), the yellow metal managed to rise up and above $1,380/oz (briefly), but has since lost some steam and is cooling off a bit…

We’ll see what tomorrow brings, but like I’ve been saying, anytime

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