TLT Triangle

    TLT massive ascending triangle?

    Posted by mamaduck on 30th of Jan 2012 at 03:13 pm

    This is either pricing in the obvious - which is massive deflation with very little fundamental reasons to support it. Or it is pricing in War with Iran.

    If it is the former, then it is mildly bearish for gold. If the later, it is extremely bullish for gold and oil.

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