By Willem Weytjens (Guest Post)
Have you ever experienced a “Deja Vu” feeling? Well, if you have never experienced one, maybe after reading this post you will. Let’s start with a technical chart of Gold. These days, gold is holding up strongly, and is only $80 below its all-time high. If this continues, we might consolidate for a couple of weeks, to work off the overbought condition of the MACD indicator. chart: ProrealtimeNow have a look at the following chart:chart: ProrealtimeThe chart above is the gold price in 1970, right before it more than doubled 2 months later. Don’t…
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