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In the Midst of Adversity

Posted by Ororeef @ 2:44 on September 6, 2017  

This Hasn’t Happened to Gold in Over a Decade

Phoenix Capital Research's picture

The next leg up for Gold is officially here.

Gold has broken out of the mother of all triangle patterns established by the long-term bull market trendline established in 2006 and its seven-year descending line from the 2010 peak.

Of course, things won’t be moving in a straight line from here. But the upside target for this formation is well north of $3,000 in the next few years (again, remember this formation took over a decade to form).

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.