Commodity Trade Mantra

Posts Tagged ‘Major Trend Change’

The New Bull Market in Gold is Right on Track

Gold is very strong in real terms and has been for weeks. Gold’s recovery is now on par with past recoveries and the metal has taken out key resistance at $1180/oz. Unless Gold somehow loses its gains and closes February below $1180/oz then there is no reason to doubt a major trend change and new bull market.

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