By CommoditiesMansion.com

 

Gold had another bullish day today after getting that supportive action we wanted. Because of this, you should have made money on this trade. The future direction of gold seems to be up, as we not only have had bullish action, but we are presently forming what could become a flag. If that proves to be true – we could have another $1,500 to go! Of course the top of the flag has to be broken first, but it appears there is strength regardless. No serious consideration of selling can happen until we see $1,380 an ounce. Otherwise, buy on the dips.

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