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Possible moves on gold

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Guld / USA-dollar (FX:XAUUSD)  
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FX:XAUUSD   Guld / USA-dollar
Gold Commodities Triangle Symmetrical Triangle Fundamental Analysis Technical Analysis breakoutzone structure support Support and Resistance LONG buy
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gold commodities triangle symmetricaltriangle fundamental technicalanalysis breakoutzone structure support supportandresistance long buy
My opinion on gold is

1. It would make a good buy position now, and
2. it makes a good hedge for a portfolio.

The reason I think it has upside potential is due to the dwindling investor sentiment in central banks' ability to drive inflation through monetary policy. For this reason, I think that the coming few quarters will see investors buying into gold as both a safe haven and a portfolio hedge.

This triangle could be a good start to further upward movement.
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