A Bullish Breakout for Gold vs the Swissie

A Bullish Breakout for Gold vs the Swissie

Top commodity trader Peter Brandt writes that gold is entering the next leg up in its bull run, evidenced by its recent breakout vs the Swiss Franc, which he uses as a leading indicator for the price of gold in general.  He sees a breakout for gold vs the Swissie on the daily, weekly, and monthly charts – and concludes that his target is CHF 1,800 for the yellow relic.

Read Brandt’s short and sweet take here, including the aforementioned charts.

About Author

Brett

Hi, I’m Brett Owens – and I’m a financial junkie. My “problem” started incollege, when I got a little dose of the stock market – man, was I hooked…in no time, I was reading the Wall Street Journal religously.

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