Gold & Silver Base Near Completion, Expect Massive Breakouts!

• Gold & Silver Base Near Completion, Expect Massive Breakouts! 
  by www.kingworldnews.com
  With continued volatility in gold and silver, today King World News spoke with top Citi analyst Tom Fitzpatrick, who put together a set of charts exclusively for KWN which showed gold and silver bases nearing completion and preparing for massive breakouts. 
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  Here is what top Citi analyst Fitzpatrick had to say, along with powerful charts:  “Overall, the price action that we are looking at in silver is very constructive.  In recent weeks we had a down-move which took us just below the 55-week moving average.  But we came off those lows very nicely with a weekly reversal on the week of the 5th of November. “We now have two levels we are watching.  The first zone is $35 to $35.70.  This marks the highs from October of last year and so far this year.  Above those zones, the most important area still remains the $37.50 level we saw in February.  We still believe this is a triangle formation that we’ve broken out of, with a double-bottom within it. The neckline of this formation is at $37.50…..
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