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