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Is Now The Time To Buy Gold ?

FYI: Gold is breaking above a long-term trend line and is set to break out from a more recent consolidation as investors seek a safe haven amid mounting Trump administration and geopolitical concerns.
Regards,
Ted
http://www.investors.com/etfs-and-funds/etfs/is-now-the-time-to-buy-gold-check-out-this-key-trend-line/

Comments

  • In the article, a linear scale is used to plot the monthly price of GLD. In my opinion, a logarithmic price scale should be used when drawing a trend line. In that case, it is less clear to me that the long-term trend line has been broken.
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