Image Source: Pixabay
The price of Gold has been moving steadily higher over the past year, making new all-time highs. It’s currently trading over $2500!And we have been forecasting and discussing this for the past two years. Read more here.Today, we look at an important Gold price ratio — The Gold to US Dollar Ratio on a long-term “monthly” bar chart.As you can see, the Gold/Dollar ratio is testing the 2011 high for the first time in history.Using the inverse head and shoulders breakout as our guide, we can project a measured move to the 30+ level… IF gold continues to breakout above (1).With political uncertainty and war abroad, Gold could continue to shine. 
More By This Author:Japanese Yen Sizzles And Fizzles: Watch The August Close
Stock To Bond Ratio Testing Important Price Support
Is The Japanese Yen Nearing A Historic Bottom?
