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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: the longhorn who wrote (137989)	2/11/2020 3:34:12 AM
From: GROUND ZERO™	1 Recommendation Recommended By Rollocaster Respond to of 223501

That long term gold chart shows a beautiful rounding bottom over many years, a rounding bottom pattern is very bullish... That's a great chart, it does put the picture of gold into a clearer long term perspective, thanks for the chart!!! GZ

To: the longhorn who wrote (137989)	2/11/2020 8:40:32 AM
From: yard_man	Respond to of 223501

>>it has to run with the market.<< There have been a few periods where strong moves have been contra -- but many that have not been contra. Seems like the longer periods of advance have started contra to the market. OTOH -- sometimes gold has wiped out, shortly before the market went south. I like your chart ... if the time scale were even a bit longer and on a log basis -- you really get a picture of where we are. Buy and hold here is certainly a reasonable strategy as long as that longer term picture stays the same.