Recent: slopechart_/GC.jpg

slopechart_/GC.jpg

The 1200 area may act as support

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slopechart_/GC.jpg

Comments

Gold bottoms w/ much angst by the Bugz. Best buys are amid major bloodshed. 
7/18/18
jaredthirskjaredthirsk
That level should act as pretty strong support ... if it breaks, I am not sure how low it will go. A longer term chart on gold shows an inverse head and shoulders pattern .... which would eventually suggest a retest of the 1900 ATH and possibly up into the 2300-2500 range ..... a few years out. I have no position in gold at the time, but seasonality wise, September through December is typically strong. 7/18/18
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