Precious metal mega base could prompt an incredible rally
“Our researchers believe this current double-bottom setup is the last time you’ll see Gold prices below $1300 for quite some time in the future. Again, we were warning our followers that the opportunity to position their gold trades was setting up and this low-price setup may be the last time we see gold near these lows. Our current research suggests the bottoming is over and the new price leg should begin to prompt a gold price rally over the next 5~7+ weeks targeting a level well above $1375 initially.”
USAGOLD note: A bullish forecast for gold based on technical chart patterns from Chris Vermeulen who says “you better start planning for this upside move before you miss this bottom” which he calculates we are bumping along now.
Repost from 5-31-2019