Is There a Breakout in Gold?

Gold has broken out of a trade range for the first time since summer. The level that we care most about is around 18 33 or so, and now it looks really good. But i think what's much more interesting here is not the action in gold, but the correlations. We see strong crypto, strong us. Dollar, strong gold, all at the same time. I think what it tells us is that people are realizing that we're beyond any point of no return on monetary policy.