Friday, February 2, 2018

Gold: I Don't Think It Will Breakout

I don't think it's going to be a breakout year for gold. I still think there will be opportunities in the future to buy gold lower. It's been almost seven years since the high. Sometime in the next year or two I certainly expect for gold to make a low and then to start going higher and higher.

Related trading instruments: 

  • SPDR Gold Trust ETF (GLD)
  • Market Vectors Gold Miners ETF (NYSE:GDX)

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