By Jesse
Gold has apparently broken out of a big inverse Head and Shoulder formation, possibly an ascending triangle if you prefer that for reliability. In combination, as they often are, this is a powerful sign of buying pressure, accumulation and a sharp rise in price.
The targets we saw on the Gold Long Term chart posted here on September 15 call out a range of targets for this leg in the bull market from 1310 to 1350 level.
Continue reading Gold: Until the Banks Are Restrained and Balance Is Restored
