Michael Oliver Says Gold’s Breakout is Very Real, Despite Volatility

Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, communicated to King World News that gold’s breakout is very real, despite the continued volatility.

Gold: weekly momentum

July 30 (King World News) – Michael Oliver, Founder of MSA Research: There was an upside breakout by weekly momentum three weeks ago. Action since in no way negates that resumption of positive weekly momentum—following four months of decline/corrective process by weekly momentum and a fairly benign correction.