Gold's New Bull Market? Long

GoldOANDA

Description

⋅ Mar 8, 2018 1:58 AM

LOTS of reasons to love Gold here (and silver for that matter):

Breakout of 8 year resistance and technically perfect test/retest
Above ALL major moving averages with bullish crossovers behind us
Previous 5 FED Rate Hikes have produced sharp gains and market highly expecting next hike - 3/21 - 95% chance
Recent Inflation Figures much Higher than expected
Stock Market volatility has returned
Mounting Debt with rising rates crushing dollar
40 Year Bond market bubble is a HUGE problem

I realistically find it VERY hard to find even 1 reason (other than manipulation) that Gold falls significantly from here...

Putting 50% of portfolio in miners (GDX,GDXJ) Silver(USLV), and Gold (UGLD) - Long Term trade 3-6 months

Comment

⋅ Mar 8, 2018 2:07 AM

Zoomed out view w/ Target Prices and Stop Loss

Trade active

⋅ Mar 21, 2018 6:32 PM

Here we go!!

Comment

⋅ Mar 23, 2018 4:13 PM

Since FED increase 2 days ago Gold is up 3% and DOW is down 1200...lets run!!

Comment

⋅ Mar 23, 2018 4:14 PM

Trend Analysis Chart Patterns

Comments

edumas2

⋅ Mar 22, 2018 3:23 AM

Great chart. Let's see how this one pans out. I think the USD will have a "say" in how well gold reacts. Can't wait for silver to blast through $17 and up.