J_Charts

Gold bugs assemble!

AMEX:GLD   SPDR Gold Trust
Massive cup and handle pattern forming on gold and nearing the round 2k number once again. The previous two runs over 2,000 (August 2020, March 2022) were chased heavy by longs to only be trapped. If 2k breaks again people will once again pile into longs. The more shots bulls keep taking the more likely they will succeed.
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