Gold Possibly Bottoming on Long-Term Support Long

Gold FuturesCOMEX

Beschreibung

⋅ 17. Jun. 2014 16:47

There's not much to say about this chart, it's pretty straightforward.

A few points to think about:
1) Trendline > 12 years
2) Trendline wasn't breached during the Crash of '08
3) U.S. Dollar continues to deteriorate (In real life)

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