ChartProphet

Gold Once Again Facing An Important Cross Road

TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold bounced out of the last descending triangle, probably psyching a few people out, and we are in the red triangle! What do you see happening? Buffet just bought gold, so over all I am pretty bullish. If we break up I would expect $2015 as a short term target. If we break down $1830 minimum. Please give your short term opinion. This is not trading advice.

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