Gold Breakout daily

Anyone looking at the flag or pennant that broke out ? Thoughts getting long here? seems to be not too strong yet BUT in spite of higher equities ? The breakout from mid 1100's occurred during equity rout and sovereign issues ?

 

gold up, commodities down. Dollar? Euro? It aint a shiny yellow metal anymore.

 

Oh yeah ! More and more people are looking at this graph !! Believe me !!!

CM

 

sometimes gold is a commodity, sometimes it is a currency

 

is the "breakout" in line with VOL. meaning it hasnt been too strong.. ? does it matter >

 

agree just reading "currency wars good book

 

$GLD 20d MA is at $116.47, above its 50d MA

 

Went short gold with DUST....

Still bullish, but just wanted to play the short side on possible profit taking

 

for a "day trading" site and no real comments regarding a technical breakout, is odd ? Maybe most here trade indexes only,


http://www.businessinsider.com/china-property-housing-credit-bubble-2016-3

 

Its ominous... For markets.