kerryedwards
Long

Interesting Observation!

FX:XAUUSD   Gold / US-Dollar
2018 May Be The Year To Buy And Hold Gold             . In The Past Just before Gold             Makes Its Bullish Run, It Forms And Eventually Breaks Out Of A Triangular Basing Pattern. At The Present Time, It's Doing The Exact Same Thing! You Will Also Notice That It's Current Basing Pattern Is Much Bigger Than All Of Its Previous Triangular Basing Patterns ("The Bigger The Base, The Higher In Space").
Furthermore, Take A Look At The Blue Arrows On The Chart And You'll Notice That The Price Of Gold             Has Not Been Able To Close Above 1321-1326 Level Since November 2013 (On A 2 Month Chart). Presently We Are Sitting Roughly 30 Points Above That Level With 2 Weeks To Go For The Start Of The Next 2 Month Candle.
If These Levels Can Hold And Close Above The 1326 Price Point Month Ending, Then All Bets Are On For Gold!
Nice breakout pattern. Long gold.
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When usd/jpy will broke 105 level, the rally will be huge.
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nice joke !!!
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