Chart 1: Gold Quarterly Chart
The close next Friday is not only the monthly close but also the quarterly close. Quarterly resistance is at $1330 with some monthly resistance at $1360.
Where does Gold close next week? If it holds the gains then it has a strong quarterly breakout.
TheDailyGold Premium #627
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We published TDG #627, an 24-page update on Saturday evening.
This update was a more conventional update filled with charts and analysis on the precious metals sector and its outlook.
Should Gold retest the breakout at $1360-$1370, which I think is possible next week then that could setup another buy opportunity. If the breakout holds, you aren't likely to see lower prices for a while.
We were fortunate to put most of our cash to work a few weeks ago. But we still have cash that we want to deploy, given the immediate upside potential.
This sector has a chance to make a huge run over the months ahead.
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-Jordan
Disclaimer: This newsletter is intended for informational and educational purposes only and should not be considered personalized and individualized investment advice. Investment in the precious metals sector contains significant risks. You should consult with an investment advisor and do your own due diligence before making any investment decisions. This email may contain
certain forward looking statements which are subject to risks, uncertainties and a multitude of factors that can cause results and outcomes to differ materially from those discussed herein.
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