GOLD 0.51% $1,391.7 gold futures

tanking again, page-15

  1. 4,525 Posts.
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    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.
 
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