GOLD – a LOOK BACK…. and a LOOK FORWARD

Posted by Peter Degraaf

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“History does not repeat itself, but it often rhymes”, as Mark Twain noted.

Featured is the five year weekly gold chart. The green boxes highlight pullbacks from overbought conditions. The blue boxes show the testing of a breakout from below the 50 week moving average. The green arrows point to the expected upward direction upon the completion of this test.

….view more charts and read more HERE

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