BH42

Gold breakout of channel

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold today broke out of it's 10 month trading channel. Providing it holds and successfully back tests over the next few days, a big move to test all time highs could be coming.

With Bitcoins anticipated fall and inflation increasing globally, Gold is in a prime position to take it's spot as the 'safe haven' of choice asset once again.

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