Commodity Trade Mantra

Posts Tagged ‘Bullish Factors for Gold’

All Signs Point to Higher Gold Prices in the Months Ahead

Is the latest rally in gold prices for real? There’s an important distinction between the 2011-2015 price action and what’s going on now. The rally in gold prices that began on December 15, 2016 looks like the one that will finally break the bear pattern of lower highs and lower lows, and turn it into the bullish pattern of higher highs and higher lows, having posted a “golden cross” last week.

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