I’ve used a relatively minor ABC rally pattern to keep subscribers on the right side of gold for the last few weeks, but the pattern has stretched far enough to suggest that it is actually a consolidation within a larger, bullish pattern. For a boldly higher new target in April Gold, check out today’s tout. You should also take a gander at my new target for AMZN, since the stock remains my #1 stock-market bellwether.
Time to Raise Our Sights in Gold
- March 4, 2016, 8:15 am
A GC close on the Friday weekly of 1263.9 will create an inflection point towards the GC market.
Suggesting the ‘grind’ is in place.
Have a great week end.