Gold: $3,500–$3,200 Remains Strategic Buy Zone for Investors

As metals market April to October cycle inversion reaches its potential crescendo today, I invite savvy investors to consider joining me…

Gold 1-Hour Chart (GCY00)

On the short-term chart, has an interesting pattern. It could be a double top that targets the $4060-$3960 zone.

It could also be a bullish rectangle that targets $4600.

Silver 1-Hour Chart (SIY00)

For further insight into the matter, the chart can be of assistance. As the bears take charge! A H&S top is evident, and the neckline has been broken. The technical target is about $46.

Gold Spot Daily Chart

The stunning daily chart for gold. A rare broadening top has formed on the RSI oscillator and like Stochastics, it’s been overbought for seven incredible weeks.

Gold Spot Weekly Chart

The weekly chart. Gamblers and investors with no gold at all can buy the $4000…

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