The best-performing asset class of the year has remained rangebound all summer long. Now it looks poised to break out.
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The yellow metal's recent slide could continue over the near term, but the long-term outlook is bright.
Gold has not made a new high in over a month but is still up sharply year to date.
While both assets have posted strong returns this year, gold has been by far the leader.
There's another corner of the market that Wall Street is enthusiastic about.
Market watchers told CNBC they see more upside ahead for the precious metal.
Gold's bull run this year has trounced even the artificial intelligence trade that propelled stock to all-time highs. It's now…
