After a move like we had in gold, we have a churning process like this. Now a period of consolidation is needed before the next big move. People got comfortable...
According to Google Trends data, the phrase "how to buy gold" has reached record levels in the U.S. (even higher than when gold prices reached all-time highs in 2020).
Gold continues to tease with the former high of $2,089. Just as it appeared poised to breakout it pulled back on Friday following the job numbers. Will we fail, or break out?
