Don't Miss the Bull Run in Gold
by John Lansing 08/31/09
I am seeing signs that the next sector to go extremely bullish is gold -- and I'm going to tell you exactly how to play it.
Below you can see two charts for gold.
The first is the daily chart for gold:

It is in a bullish symmetrical triangle -- a pattern that is relatively easy to identify, and can be quite reliable to trade with very low failure rates. Because the symmetrical triangle is typically a continuation pattern (which indicates that a stock may be taking a slight detour toward where it's ultimately headed, but it will likely resume its expected pattern), we want to trade this one on the side of the bulls. (Learn more about how to profit from this explosive symmetrical triangle pattern.)
On the weekly chart, you can see gold is in an ascending triangle, which is also a bullish pattern:

So that leaves us with the question: "How do we play this bullish move in gold?"
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