Gold’s Surge Has Dramatically Improved the Look of Its Charts

Gold took off like a banshee on Donald Trump’s shoot-from-the-hip remark about the dollar being a little too high. As a result, June Gold’s longer-term charts look better than they’ve looked in a long while. Accordingly, I’ve shifted to a bullish ABC pattern of much larger degree than the one we’d used to stay long to a 1279.80 target. Gold investors looking for technically solid encouragement should check out my latest tout, since the new rally target is well above current levels.