Historical Breakouts in 13 Years & Gold in 2024 - Video

Author, CMT, and Editor @ The Daily Gold
August 23, 2023

Gold 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 S&P 500, one from the Gold price in Paris (during Gold Standard era) and one from spot commodity prices.

The Daily Gold

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Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association. He is the publisher and editor of TheDailyGold Premiuma publication which emphasizes market timing and stock selection, as well as TheDailyGold Global, an add-on service for subscribers which covers global capital markets. He is also the author of the 2015 book, The Coming Renewal of Gold’s Secular Bull Market which is available for free. TheDailyGold.com was recently named one of the top 50 Investment Blogs by DailyReckoning and WalletHub.


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