Gold has been getting a lot of attention lately as it presses against its highest levels in history.
This is an exciting time to be a gold enthusiast.
Just look at what the price is doing.
Here's a long-term chart of gold breaking out to new all-time highs:
After completing a decade-long base earlier this year, the price ripped higher, nearly in a vertical line, reaching the 161.8% Fibonacci extension level.
Following that rally, the price coiled in a tight pattern, absorbing some of its gains, but it’s now back on track with a strong breakout this week.