Hi everyone, gold is on a steep uptrend to touch at minimum the previous all time high. I believe we will see price rise higher but that all time high is a great profit taking area as we'll most likely see a lot of buyer's holding that for long term profit taking.
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4 Hour, end of correction. Buyers stepping in to take this up it appears.
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I am looking at Silver Longs also which has a massive growth potential (170% from all time highs vs Gold being 10-15% away from all time high). Both can surpass the all time high just like the run it made during the recession that lasted 2-3 years after for these markets to end it's bull run.
The same/similar might happen again.
The same/similar might happen again.
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Will most likely come back down to test for the major reversal.