reluctantplumber

Short on the short term, Long for the long haul

COMEX:GC1!   Gold Futures
The weekly chart appears to be setting up for a second bear flag, I added a little today and hope to be 75% in at the top of the red cloud. April should present some good buying opportunities for the long haul. Look for 1450 before the year is out...
Comment:
So the top of the cloud has been touched on my weekly chart, per my own plan I'm adding today. However the decline may not be over with yet given the DXY strength. Buy into weakness and sell into strength all with loads of patience.
Comment:
Two skips off the weekly cloud top now - Gold is building a nice base

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