GOLD AT HISTORICAL BREAKOUT ?
Updated
charting 101 .. gold at the brink of historical flat triangle breakout.. if succeeds the target of the breakout is between 1650$-1700$
as stock markets signaling an end of the long bull trend since 2011..gold would be the safe haven as it was in 2000 and 2008-2011 stock market collapse era..
as stock markets signaling an end of the long bull trend since 2011..gold would be the safe haven as it was in 2000 and 2008-2011 stock market collapse era..
Note
Peter Brandt has the same exact target ..check his post peterlbrandt.com/gold-resistance/?utm_content=buffer1496b&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
Note
I will start buying below 1300 progressively (THIS IS NOT A TRADING ADVICE)Note
needs to test the triangle bottom around 1290 $ next weekNote
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.