$.0001-$.0011 News, DDs & Charts Only!!!

[mick]

https://unicornwealth.com/2019/03/19/gold-at-head-and-shoulders-or-more/

If the head and shoulders effect does materialize,
though granted,
it would be a little lopsided,
the expectation would be that we enter a significant period of
decline for the price of gold now that we’ve cleared the final peak.


But that isn’t the only way to read the trends.
In fact, Dave Kranzler at Seeking Alpha believes that gold is on the up long term,
after the price has stayed within a roughly $200 range (from $1200-$1400) since 2013.

He believes that the price of gold has been going through a
consolidation process,
and that it is now finished. With that in mind,
he suggests that the risk/reward quotient for investing in gold is
as reward focused as it has been since 2001,
a time that preceded another sharp rise in the price.