Gold Breakout

When situations never change
Tomorrow looks unsure
Don't leave your destiny to chance
What are you waiting for
--Swing Out Sister

Pretty breakout in gold as it moves higher out of a classic cup-and-handle setup. Spot gold now resides above $1600/oz--a level last touched in early 2013.

Perhaps investors are catching on to the gargantuan quantity of monetary stimulus being injected by central banks worldwide.

position in gold