Gold Major Bullish Breakout As USD Debasement Narrative Takes Hold (XAUUSD:CUR) - Seeking Alpha
Gold Major Bullish Breakout As USD Debasement Narrative Takes Hold (XAUUSD:CUR) - Seeking Alpha
Source: Seeking Alpha
―
DW NOTE
Gold is down 14.5% from its January peak of $5,318 but still up 37% year-over-year. If that's a "major bullish breakout," the word breakout has lost all meaning — this is a drawdown with a month-long bounce.