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Gold: Extends Rally
The gold market has rallied again during the trading session on Monday, as traders continue to pile into the gold market. Gold has shown quite a bit of strength over the last several months, and I just don’t see this changing anytime soon. Any time we get a bit of a pullback, I’m looking to buy gold “on the cheap”, as we clearly are in a very strong uptrend. It’s worth noting that every previous target that we have had has been hit. The most obvious one was a massive ascending triangle that suggested that the market was going to reach the $3800 level, and we have course have broken well above there. Because ... (full story)
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