jakemchugh

jakemchugh

The daily chart of gold (currently $1938) has broken clearly above the intermediate trendline, confirming a cycle breakout and 6-month low in late November. Precious metals should rally into at least March bur more likely April or May before correcting into the next 6-month low. My minimum target for this advance is $2300.

jakemchugh

Looking at the trend, marking up a long to fill the gap back up to normal levels