GOLD AT HISTORICAL BREAKOUT ?
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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..
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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
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I will start buying below 1300 progressively (THIS IS NOT A TRADING ADVICE)Nota
needs to test the triangle bottom around 1290 $ next weekNota
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