Gold’s massive cup-and-handle break

Investing.com/Gregory W. Harmon/1-30-2019

“Gold gets put forth as a hedge for inflation, a safety play in times of trouble and a commodity play. Whether that’s true is irrelevant to a technical trader. All that matters is the price action. And gold’s price action has been great.”

USAGOLD note:  For the techies out there. . . .An interesting piece of very positive technical analysis from someone who once described gold as “nothing more than a shiny rock.”


Repost from 1/31/2019

 

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