Gold Set to Roar through 1700 into March

Anyone that has been following my ideas around Christmas time knows that I stated the fallen descending wedge from 1610 would eventually lead to a cup to handle and eventual break-out but I noted it would likely take 3-4 weeks or so, and here we are.

Resistance area for accumulation and volatility is 1580-1588.

Gold will hit 1700+ sometime in March and a rapid accumulation is forming for leveraged funds like JNUG and NUGT.

The pre-fed sell-off also like I said were pure liquidity shenanigans.

Silver will follow suit to $22+ through March.


- zSplit