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Gold has been one of the best-performing assets of 2019, but it had to wait until almost halfway through the year to climb above its critical technical resistance level.
In July 2016, in the aftermath of the shock of the Brexit referendum, the price of gold rallied to a high at $1377.50. The move was significant, as the price had traded at a low at $1046.20 just eight months before in December 2015. Gold then consolidated over the next three years, and in June 2019, the price finally made it to a higher high and