Global Currency Crisis & Gold – What’s Really Going to Happen in 2011 – 2012

Following on from the first 2 parts in this series: Whats really going to happen in 2010 Whats going to happen in 2010/2011 – part II Another great writer and analyst makes it into our categories section, Bob Chapman of Global research with a seminal must read piece outlining the road ahead towards a new [...]

Gold Breaks Out – $1400 Target!

by admin on 08/11/2009

The latest charts for Gold are looking very bullish indeed.

After last week’s Gold price breakout we’re clearly through the previous resistance, and looking in totally aligned Bull territory on the 50 and 200 day moving averages, it’s all systems go on any chart you care to pick, as shown by these below from The Market Oracle.

Long Term Gold Price – 10 years

6 Month Gold Charts

Gold Price in Euros – 3 year chart

In these situations where the price breaks through overhead resistance like this it’s highly likely the price can now go parabolic to new highs, as in 05-06 and 07-08.. Repeat, ALL SYSTEMS GO..

Buy – Buy – Buy Gold, last chance at $1100!!

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