risk1911

Is Gold Just Beginning a Super Bull Market?

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Gold closed positive for the first 16 days in January continuously and by doing so proved a bull market has returned. On a longer timeline 2017 represents the first time since 2012 that Gold has gone up YoY by about $100 -- another indicator of a bull market. The real question is will Gold finally break through the downward trend line that began in 2012? This has been the chastity belt that has held Gold back from giving us its oh-so shiny forbidden fruits. I believe this will be the year Gold breaks that trend and pushes into the 2nd half of 2017 stronger than it has in the past 5 years.
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