Last time I was speaking about
Gold it was trading near an important inflection point, see more here:
Gold Inflection PointEven thought I was drawing the point that the probability suggest we should continue lower, I have also been advice if we broke the
trend-line that connects the 2012 highs we should take the breakout with a long position. The initial breakout lack momentum but only after
SNB decision to abandon the
1.2000 EUR/CHF floor, Gold started to gain momentum.
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