Correct... if it's going to the moon-- odds are it'll do it in swings ... for now, we take baby steps.
My guess if we don't break-out of this symmetrical triangle (on the daily chart) in a bullish kind of way, then our next stop is a 14% down move on the TSX Gold Index. Look for the double bottom once we get a pivot point. If we don't hold support at 175-- my $340 target on the PoG comes into affect.
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