Coiling within this range since September 2015, lots of potential stored energy in here.
The next breakout candle will be big, I'll be expecting at least $15 within the next 2 months.
At a time of this extreme bearish positioning by hedge fund in precious metal, you should be long :)
zerohedge.com/news/2015-12-19/hedge-fund-gold-positioning-has-never-been-extreme
A strong temporary bottom is formed at 13.7 for now. Yellen's rate hike is no longer a threat to this.
The next breakout candle will be big, I'll be expecting at least $15 within the next 2 months.
At a time of this extreme bearish positioning by hedge fund in precious metal, you should be long :)
zerohedge.com/news/2015-12-19/hedge-fund-gold-positioning-has-never-been-extreme
A strong temporary bottom is formed at 13.7 for now. Yellen's rate hike is no longer a threat to this.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.