Monday, April 11, 2016
Well, it doesn't matter what your opinion of gold is, because the chart is the chart:
Friday's and this morning's candles are a breakout after a nice horizontal price consolidation. MACD got worked off and RSI trended calmly down to 50, and now price is moving upward.
I don't care what the reason is: I haven't looked at Business Insider or any goldbugger blogs for weeks now, and so I can merge with the zen of the market that says "you buy things that break out".