Gold - This Breakout Will Lead To $5.000!

Gold (GOLD) is preparing a major breakout:

snapshot

Click chart above to see the detailed analysis👆🏻

For more than one and a half decades, Gold has been respecting the structure of a rising channel pattern with one exception. Back in 2010 we saw a bullish breakout followed by a parabolic rally and as we are speaking, Gold is starting to break out of the channel once again.

Levels to watch: $2.900, $5.000

Keep your long term vision,
Philip (BasicTrading)

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