Kaustubh
Long

Gold about to regain its luster

FX:XAUUSD   Gold/U.S. Dollar
This monthly chart of gold             reveals something very interesting. Gold             has had a bit of revival this year but the momentum seems to have stalled a bit. The beautiful reversal pattern in the chart though seems very bullish for gold             . Sure, it may see a bit of down move to 1200 - 1150. But that would be a massive buying opportunity to ride till 1500 levels.

This also is an ominous sign for all risk assets. See my related post in the link below. Tread very carefully.

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