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Gold and White Space

This is a syndicated repost published with the permission of Slope of Hope. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

Although at the immediate moment, gold is taking a bit of a drubbing….

…..for the past five years, gold has, by and large, been working its way higher. Given this, I wanted to make a point about chart space.

SlopeCharts has a nifty feature I haven’t seen anywhere else which lets you add white space to all four sides of the chart. This frees the mind from being confined by the chart’s boundaries, which is a nettlesome mental block. Here, below, is the long-term gold chart with plenty of white space to help show just how substantial the potential is with the most recent saucer formation, when considering the result of the last one.

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