elshanti

GOLD AT HISTORICAL BREAKOUT ?

Long
elshanti Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
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..
Comment:
Peter Brandt has the same exact target ..check his post
www.peterlbrand...old-resistance/?utm_conten...
Comment:
I will start buying below 1300 progressively (THIS IS NOT A TRADING ADVICE)
Comment:
needs to test the triangle bottom around 1290 $ next week
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