Gold Market Update - “so far so good”

It’s a case of “so far so good” for gold, which is breaking out on schedule from its giant complex Head-and-Shoulders base that may also be classified as a Saucer base, as can be seen on its latest 10-year chart…On the 4-year chart we can see that gold’s breakout move last month has resulted in its becoming overbought, which partly explains why is hasn’t gone anywhere in recent weeks. This is normal following a breakout and it could react back to about $1375 before the advance resumes.On the lat

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