Why Gold Price Has Bottomed

Let me show you a few reasons why I think gold may have bottomed and why this intermediate rally could continue a lot longer than most traders expect. I've marked the last two intermediate cycle lows with blue arrows. Now notice the intermediate trend line has already been broken and the dollar is only 7 weeks into it's intermediate cycle. That's a bad sign. It means the intermediate cycle has likely already topped and in an extreme left translated pattern.

First published here: Why Gold Price Has Bottomed

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