Thursday, August 03, 2017 12:03:46 AM
This bottom has been evolving since 2013 and it’s still forming. And based on this technical pattern, if the index eventually breaks above the neckline (NL), the bottom will be complete and confirmed, and gold shares could soar. So this is something we’re watching closely.
For now, gold is looking good and its profit potential is very positive for the months ahead. This is a good time to buy and then enjoy the ride.
By Mary Anne & Pamela Aden
Contributing to kitco.com
Follow @KitcoNewsNOW
Contact info@adenforecast.com
www.adenforecast.com
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