Gold is on the verge of a big breakout
Last night, after Donald Trump bemoaned the strength in the dollar and the gold price jumped in reaction, I shared this chart on twitter . www.goldprice.com The last time gold tested this key resistance line, I was less optimistic about its ability to overcome it. However, as technicians like to say, the more times resistance is tested the weaker it becomes.
Gold is testing its downtrend line again: pic.twitter.com/JClkZv1omi
— Jesse Felder (@jessefelder) April 12, 2017