{"id":4628,"date":"2019-07-13T14:12:55","date_gmt":"2019-07-13T18:12:55","guid":{"rendered":"https:\/\/howigrowmywealth.com\/?p=4628"},"modified":"2019-07-13T14:32:28","modified_gmt":"2019-07-13T18:32:28","slug":"gold-traverses-the-monkey-hammer-zone","status":"publish","type":"post","link":"https:\/\/howigrowmywealth.com\/gold-traverses-the-monkey-hammer-zone\/","title":{"rendered":"Gold Traverses the Monkey-Hammer Zone"},"content":{"rendered":"\n
\u201cIt’s tough to make predictions, especially about the future.\u201d – Yogi Berra<\/h4>\n\n\n\n
I must say I’m pleasantly surprised. Over a month ago I wrote how gold was entering the monkey-hammer zone. This zone was the price level of $1,350-$1,360, where over the past five years, whenever gold gets to around that range, it gets beaten back down.<\/p>\n\n\n\n
Not so in June of 2019. Gold has punched through the monkey-hammer zone and made a new multi-year high of over $1,440. In fact gold hasn’t traded that high since May of 2013. <\/p>\n\n\n\n