Chart signals double-digit rally for gold

CNBC/Pippa Stevens

“The gold trade is shining bright. Investors rushed into the commodity on Thursday, pushing it to a four-month high. Gold is now just 1% away from its 52-week intraday high of $1,349.80 from February, and TradingAnalysis.com’s Todd Gordon believes it may soon surpass that level. After examining the charts, he says bullion could climb as high as $1,500.”

USAGOLD note:   A very optimistic viewpoint as we move into what could be another eventful weekend. . . . . . .


Repost from 6-7-2019

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