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GOLD: MONTHLY ANALYSIS (CONSOLIDATION)

FX:XAUUSD   Gold Spot / U.S. Dollar
2389 10 109
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Comment: Follow a long-term analysis, it helps us to plan and manage more simply, a potential setup:

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i like
+1 Reply
i kile
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could be a cup & handle formation? what do u think about that? :)
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thanks carlo for long term idea, What do u think about this one?
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pmcllc PRO PooyaSalehipour
you might be right, a guru I think called Harry Dent predicts gold 700 or so ...
+3 Reply
i think gold doesn't have any good future
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albertwt PooyaSalehipour
But according to Jim Rickards, Gold can be a good investment from this year on before the recession ?
http://www.silverdoctors.com/tag/jim-rickards/
Reply
everythings possible and depend on 1375 and 1290 for breakout
+2 Reply
albertwt PooyaSalehipour
Thanks Pooya,
I guess this week is the right time to buy :-)
+1 Reply
actually i think we have possessive federal rate at this month, and fall blow 1240
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