This is exactly the moment i am waiting for...  | |
| The breakout in gold is here. It's time to be long gold. Back in 2011, gold enjoyed a big rally. As the European debt crisis grew worse, prices shot from $1,550 an ounce to a high of around $1,900. This big rally was followed by a big decline… one that took gold back down to the $1,550 level. From May through July, gold held steady around the $1,550 level. It then began trading in a tight price range. In this range, gold's day-to-day volatility fell to its lowest point in over a year. These periods of tight price ranges and low volatility often precede big price moves…
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