Long term gold charts
Sunday,26February
Gold rallied to new highs for the week, moved above the 62% Fibonacci blue line and stopped just below the 62% Fibonacci green line. There is still some upside resistance to fight on the way up but the pattern on the chart is orderly bullish and higher highs should be expected , it is now clear that gold had double bottomed around 535$.Silver first traded hesitantly then followed gold and gained
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