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Sashmajik

Multi-Year Cup and handle might form and play out for GOLD

Long
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
Sashmajik  
TVC:GOLD   CFDs on Gold (US$ / OZ)
Technical Indicators Trend Analysis Gold
11
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indicator trendanalysis gold
Considering the current global downturn and potential for a global depression, GOLD seems like it is about to blow its top.
If a clear rejection is seen from its all-time highs, there is a potential for a CUP and HANDLE pattern to form which is very bullish for the commodity.
BULLISH for Gold; however very BEARISH for the World's economy.
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