Gold Puts on its Happy Face

It’s an all-time high and gold is pretty satisfied with itself as you can tell by its sleepy, content and happy face. It cracked me up when I created the happy face back in April and it still does now. Off gold goes, into overbought and very bullish blue sky. Even though the happy pattern’s target is in I’m keeping Mr. Happy Face on there a bit longer, just because.

gold price

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