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theRaggy

Will we see a flight to GOLD?

Long
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
theRaggy  
TVC:GOLD   CFDs on Gold (US$ / OZ)
Technical Indicators Fundamental Analysis Trend Analysis Gold LONG meduim-term quantitativeeasing QE goldbullish goldbull goldbuy
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indicator fundamental trendanalysis gold long meduim-term quantitativeeasing qe goldbullish goldbull goldbuy
Gold setting up a beautiful Bull Pennant on the week chart.
With Volatility increasing thanks to the tapering of QE, a flight to gold is a natural reaction.
A break and hold above $1 860 could result in a first price target back to local highs of $2 000.
I am bullish on Gold for the medium term.

Boom,
TheRaggy
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