Finally, Gold's Chart Is Starting to Look Interesting

Source: Rick Ackerman Published on Wednesday, January 3 2018
Related articles and keywords:   Chart - Futures - Peak - Progress - Robust - Target - Trade - Traders - Weeks - World
With this evening’s robust extension of the rally begun from 1238.30 three weeks ago, buyers have finally made February Gold’s chart look interesting — encouraging, even. The move earlier in the day through the 1314.00 midpoint resistance, coupled with the so-far slight progress tonight above September’s 1321.00 ‘external’ peak, has put the 1389.60 target of the pattern in play. It would become a strong odds-on bet to be reached if the futures are able to close above the red line for two consecu
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