Gold is currently taking a breather after one of its largest rallies in decades. As I write this, the precious metal is consolidating around support in the $1,500-$1,520 range per ounce.
The question now is what comes next?
For that let’s turn to the long-term charts.
Gold has been forming a massive triangle pattern over the last 15 years.
The final upside target for this triangle’s breakout would be roughly $3,000 per ounce in Gold.
Does that mean Gold will hit that in the next few weeks? NO. That is simply the long-term prediction of where Gold will eventually trade.
The key for investors is to find the right plays for this, and then “buy and hold”for the maximum gains. Those who do this correctly, with carefully targeted picks, could stand to generate literal fortunes.
On that note, we just published a Special Investment Report concerning a secret back-door play on Gold that gives you access to 25 million ounces of Gold that the market is currently valuing at just $273 per ounce.
The report is titled The Gold Mountain: How to Buy Gold at $273 Per Ounce
We are giving away just 100 copies for FREE to the public.
To pick up yours, swing by:
Chief Market Strategist
Phoenix Capital Research