Commodity Trade Mantra

Posts Tagged ‘Precious Metals Stocks’

Buying Gold will be the Correct Move in this Price Correction

Gold has arrived at an important target on its 10-year arithmetic chart – a trendline target, which is a good point for it to react back, which is made more likely by the latest extreme COT & sentiment readings. Such readings usually, but not always occur at a top or ahead of a reaction or period of consolidation. Should it succeed in breaking above this trendline, the $1.550 level may soon be seen.

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