I don´t publish ideas very often because I see Gold as a long term investment. As depicted in my 2018 analysys, I did call for a bull market cycle to developed from Jun 2018, which so far has made a triple top around USD 2.088.
This time I see a huge potential for the next leg up to reach as least USD 2.274 before any significant pullback.
The level of...
A trend line, on the monthly chart, has been building up for the last 2 1/2 years and will be confirmed with a monthly low between 1195 and 1201 before the end of the year, then we can be bullish long term for al least 5 more years. Strategy is to go long @1200 on the first or second week of December 2017. A clear break below 1180 will invalidate the idea.
