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Technical Gold Breakout

Written By Brian Hicks

Posted September 22, 2010

Cup and handle on verge of breakout, classic bullish chart. Time period on this chart is late 2009 through today (September ’10).

Click for bigger image. Courtesy of Jesse, who does some excellent technical analysis (fundamental too) at his blog.

gold breakout

Also like Jesse’s $1375 short-term target, then $1455 after a retracement.