How Far Can Gold Prices Go?

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How Far Can Gold Prices Go? by SK Options Trading Gold has broken higher through its long term downtrend line with the most recent rally. This break begs the question of how much longer gold can continue rallying. In this article we analyse the technical situation for gold to determine at what level gold is likely to cease rallying, the fundamentals in play, and what would have to change to cause a new bull market in gold. The Technical Limits for Gold Prices The peak in gold prices came in 2011 and trended lower after this, but the technical gold…

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