Gold breaking above 6-year falling resistance

Kimble Charting Solutions, via ZeroHedge/07-27-17

Below looks at the ratio of Gold compared to the US Dollar over the past 20-years. The ratio reflects that some long-term trends have taken place and the ratio is making an attempt to do something it hasn’t been able to accomplish in 6-years.

The ratio broke above 6-year falling channel back in 2001 at (1) and then it proceeded to rally for the next 10-years.

PG View: Follow the link and check out the chart. It’s a good one.

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