Gold about to break out from $ 2000/oz level for good
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Gold is making momentum to break up from the $2000 resistance for good. In my opinion, if the 21EMA (green) stays above the 50 EMA (purple) it will likely get above the 2000 mark again and reach heights of $ 2700 rapidly and then it could go fast. Above this pattern is a repetition: compare the blue rectangulars. If we pass the 2000 mark again, we can say we are in a bullflag with upside momentum, certainly 2600-2800 range.