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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (85814)5/29/2020 8:31:47 AM
From: Goose94Read Replies (1) | Respond to of 202716
 
Gold: Accending Channel with inner Bull Flag. Beautiful pattern. You cannot get a better chart than this if you are a gold trader.

Today we just broke out of the bull flag (Breaking point was around $1724). And probably heading toward $1760 to retest the 7 year highs. If we break 1760, then we'll see $1800 without much effort.

This type of pattern is important. YOU DO NOT WANT Gold to moon. Thats actually scary cause it will crash. A slow & steady build up towards at time high is crucial for supportive price floors.


*Impt day for all investments due to trump talking later and it 'can' affect everyone including gold.



Raymond Co