Long-Term Chart Outlook: “Gold Looks Fantastic”

Posted by Warren Bevan via GoldSeek

Share on Facebook

Tweet on Twitter


Long story short, gold looks fantastic.

I say often that people who moan over gold not rising daily are nuts!

You can clearly see in the first two bases how the consolidation led to a large build up of power and strength which in turn led to huge moves.

This is how stocks and markets work.  They need time to digest gains and shed as many traders from their positions as possible before embarking on the next move.

$1,800 is the next breakout level that will see a hefty rise in gold so don’t sweat the small stuff.  Accumulating gold on weakness has worked for a decade and will for a couple more years at least.


……7 more charts & read more HERE