Time to go long in gold

It appears to have completed its correction since the peak in August last year. A maximum bounce to $ 1,900 per oz (78.6% from fibo) is now likely.

The current price coincides with its 100-period EMA and the 161.8% fibo, it is a good entry point.

You can take a particular miner, go leveraged in gold, or buy a leveraged ETF.

GOLD