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All Aboard the Gold Train as Recognition Move Approaches
May. 04, 2010 12:26PM PST
Precious Metals Investing321gold.com reported All Aboard the Gold Train as Recognition Move Approaches:
321gold.com reported All Aboard the Gold Train as Recognition Move Approaches:
Since early 2009 we’ve written about the super-bullish long-term cup and handle pattern in gold. It dates back to 1980 and has a logarithmic target of about $2,100. We noted that previous cup and handle patterns in gold all reached their logarithmic target. We expect that this move to $2,100 will be the recognition move that awakens the masses to the gold bull market and the reality of severe inflation in the near future.
