First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/07/03/gold-break-down-to-break-out-003296
<p><img src='https://www.moneymetals.com/uploads/content/gold-break-down-to-break-out-social.jpg'/></p>Despite calls for a big sell-off, gold holds above the key $2,300 support level and — as we noted on Monday — may be coiling for a new breakout.