I suggest everyone have a look at the daily price chart since the beginning of this year. Stand back and look at the shape. I believe gold is forming a reverse head-and-shoulder construction. The low point of the left shoulder is around USD$900 in late March. I think gold is just coming down to form the right shoulder. In fact the USD gold price chart is full of reverse head-and-shoulder shapes of various magnitudes. I see them. Have you seen them as well? have a look, starting with a 5 year weekly chart.
- Forums
- ASX - By Stock
- GOLD
- tanking again
tanking again, page-15
-
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)