GOLD 0.51% $1,391.7 gold futures

double top ..now what ?, page-8

  1. 982 Posts.
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    Rondog, I've seen some real 'howlers' over the years. Back in the days of 'goblin' which would have been about 2007, one of his 'brothers-in-ramping' called a head & shoulders pattern on a gold daily chart that had been 'worming' sideways for about a week.
    Just another scare tactic.
    Chart pattern students know that an HnS pattern comes at the end of a trend - up or down - not at the end of a trendless sideways wriggle.
    But that makes this Forum great. Those who know can have a say. I learn something every day here.
 
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