The $43 gold rally today is the largest since a +$50 gain on Sept 18.

It’s been awhile since such a major asset has been able to break so many resistance levels in a day:

  • downtrend
  • 200 dma
  • 55 dma
  • 100 dma
  • May break high
  • May high

A move like this stops when it stops.

Gold daily chart June 19

Gold daily