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Gold Monthly Chart from 2001 reveals upside in the long term
XAUUSD
, 1M
XAUUSD: Gold Monthly Chart from 2001 reveals upside in the long term

OANDA:XAUUSD We see similarities between 2001-2002 and current price action in the weekly chart (see related idea) and a continuation of long term bull market. AMEX:GLD

Gold price in 2001-2002, initial phase of a bull market in gold
XAUUSD
, 1W
XAUUSD: Gold price in 2001-2002, initial phase of a bull market in gold

I see similarities, however the time frame was almost exactly half during the initial ~45% increase. if it follows this dynamic, it will retrace back during next few weeks and continue its way up. OANDA:XAUUSD COMEX:GC1! AMEX:GLD

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