Web Statistics gold price chart 20 years - the gold price chart 20 years

Tuesday, 3 May 2016

gold price chart 20 years - the gold price chart 20 years


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gold price chart 20 years  ?



gold price chart 20 years
gold price chart 20 years



gold price chart 20 years - gold price chart 20 years

When we go and have a look at the GOLD chart over the last 20 years you can see that we had a HUGE bull run from 2001. I remember people were saying we would never go over 600 dollars an ounce....

Not only did that not happen, we went all the way up close to 2000 US dollars and ounce.

Then of course people said, we will never go down again, and soon after, GOLD CRASHED hard back down to near the 1000 dollar and ounce level. WOW!

But in all this, you must realize that if we ZOOM back 20 years ago, you can see the smoother UPTREND in gold you can see that it has not really been broken. Even considering gold has crashed pretty hard the last few years. See the uptrend line drawn below. Quite interesting!...
















Then if we go and zoom to the DAILY chart you can see that GOLD has just broken out of a WEDGE!
IF we get past the 1300 level, I think it is fair to say we are going to start treadling higher on the metals. So far, so good as they say. See the chart below....




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