It’s about to get aggressive for gold, in terms of immediate and exciting upside.

Gold’s Trading Patterns Foreshadow Record Highs in the 2nd Half of 2020: Bank of America

Gold’s next breakout level sits at $1,900 per ounce. If it’s breached, record highs are in store in the second half of 2020, technical analyst Paul Ciana wrote.

Why People Have Always Held Gold

This time, gold will break out – possibly by the end of 2020 and rise to a number that most investors can’t begin to imagine. The price will be a function of how long it takes for higher rates of inflation to kick in from the stagflation environment similar to what took place in the late 1970’s.