Gold: Local Jag

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The Solid Blue curve is a real trend. The local Red Horn is evidently present. The Dashed BLue, much lower is also a real trend.

I perceive that the Gold Jag will continue rising along the Solid Blue trend.

This is consistent with a perceived decline in the DXY
Anmerkung
Its testing the resistance of local Solid Red Horn. Its already pricey . . . wile Platinum is a much better deal, in the long run. Global monetary policy and thirst for Au abroad will conspire to curb the noble metals further climb . Solid Blue trend is looking steep; a bit much. . .
Anmerkung
This chart has been superseded by a later , more updated chart.
Beyond Technical AnalysisChart PatternsTrend Analysis

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