Gold Ascending Triangle
Updated
Current View: Short-Term: Bearish, Mid-Term: Bullish, Long-Term: Bullish
Gold is forming an ascending triangle and is looking to break out higher. Short-term bearish as we move down and up in this triangle pattern; this could be a short play. I'm looking to accumulate on the dips. Overall, I am long-term bullish for gold.
Eddy Yang
Gold is forming an ascending triangle and is looking to break out higher. Short-term bearish as we move down and up in this triangle pattern; this could be a short play. I'm looking to accumulate on the dips. Overall, I am long-term bullish for gold.
Eddy Yang
Note
Watch my Gold and Silver Forecast for 2018 here: m.youtube.com/watch?v=Ahj3k1pVvwgNote
Long-Term Gold Forecast: 
Note
Gold has broken below the support line; crucial support level at $1,200.
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