krugman25

GOLD - Ready to Attack ATH

Long
COMEX:GC1!   Gold Futures
Gold has repeatedly formed and broken out of bullish patterns for most of last year and all of this year. The most recent pattern being a bullish pennant that broke out with further aggressive buying. This market is primed to attack all time highs and could very well cut through on it's way to $2000+. As for now, the next major overhead resistance is just below 1,800.
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.