$GOLD – Daily
Gold has popped up above the Bollinger Band. Its not a place any stock or commodity is comfortable for long. There is a good chance Gold will ease on back to test the break out above the inverted SHS (if that is what it is) That would be healthy for the PM market, and give Ladies & Knights a buy point to add to positions. Doesn’t mean it’s going to happen though…
am seeing $1550 by Q1 2017 and $27 for silver, as per Marks post
Agreed on the $1500+ price objective from current breakout pattern. I suspect that anyone who hopes to get into gold below the blue breakout line has now missed the boat.
http://schrts.co/3v1KXW
Lovely inverted large head and shoulders chart at the link above – and lovely large upsloping head and shoulders in the above post. Not quite the same one but who cares?