Gold prices dropped last week, but remained within the consolidation range between the $3,500 and $3,000 levels. However, this pullback is seen as part of a stabilizing process before the next move higher. Long-term charts show that gold has broken through a significant resistance level after more than a decade of consolidation. This breakout confirms the start of a new bull market, characterized by strong momentum. Technical patterns reveal a solid structure supported by institutional buying. Gold is evolving from a traditional hedge into a core long-term asset. With price acceleration underway, the market signals considerable upside potential. Gold Breaks Major Long-Term Resistance After a ...

Gold (XAUUSD) has broken above a decades-old resistance line, confirming a major bullish trend. This breakout marks the end of a long consolidation phase that began after the 1980 peak. Gold now reflects strong momentum and renewed investor interest. Past breakouts led to multi-year rallies, and this move appears even more significant. It signals a new phase of price discovery and growing demand for gold as a safe-haven asset. Global instability, rising debt, and weakening confidence in fiat currencies are driving this shift. The breakout draws institutional buyers and highlights a changing financial landscape. Gold Breaks Multi-Decade Resistance, Signals Structural Bull Market The gold chart ...

Gold has broken out of a long-term inverted head and shoulders pattern within the ascending channel, signaling a significant shift in its long-term trend. This breakout marks the end of years of consolidation and sets the stage for new highs, with targets exceeding $4,000 and long-term potential reaching $6,000 and $8,000. Moreover, the gold-to-silver ratio suggests a potential silver rally, as historical peaks in the ratio have often marked silver bottoms. With both metals showing strong technical setups, the precious metals market may be entering a new structural bull phase. Gold Breakout Confirms Long-Term Bullish Trend toward $6,000 The gold chart below shows a decades-long ...