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Looks like a triple bottom to me. Though in this climate who can...

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54

11/12/18

09:59

Post #: 36815246
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Originally posted by radx: ↑

This is a basic chart of the US 500 I was showing some friends.
Hitting on a major support line at the moment and probably needs to consolidate or bounce a little from here before the next leg down starts so that probably works against Gold's favor (short-term).
The next leg up in Gold should coincide with the next leg down in equity markets.

I bought a few pilot buys in some Goldies this morning.
If Gold goes down I may even be able to get them "Cheaper" later in the week ha.

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Looks like a triple bottom to me. Though in this climate who can tell anymore.

XAO Value at posting: 5,627.5
4 Upvote

0 Great analysis

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