Broken out of 1.5 years long channel. Will the backtest succeed?
Updated
Broke out exactly after 19 months. Coming back down to backtest the channel. Will it bounce at 50 DMA? It depends on what gold does. If Peter Schiff is right AND if their gold mines are worth their "salt", then we could see 21 cents.
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50 SMA is still holding it. Common future Golden Cross. Last cross was epic.
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