GOLD 0.51% $1,391.7 gold futures

gold and silver carving out a h & s pattern?

  1. 3,413 Posts.
    Taking a peak at long tern gold and silver charts there's a distinct possibility that gold AND silver are both in the process of "carving out" Head & Shoulder patterns. Perhaps it's an interesting one to watch.

    I'm predicting that the POS will come back to the long term trend @ around US$28-29 and the POG @ around US$1,520-1,550.

    WC8
 
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