Chuck
Here is the full picture of what you are seeing
can’t discount this possibility Bulls
personally I don’t see it happening but that is just bias
This is a real perfect Chartology pattern unfortunately
needs to be negated with another $10 pop in Gold before we can rule itout
Price Objective would be $1,100 !
Very nice. If it happens, sorry Bulls. Don’t blame me!!! It was destiny.
Especially don’t blame me if gold goes to $600-700….
I wondered if there is a megaphone forming. Actually your $1100 target here would go about to the bottom line of a pitchfork I have been watching for a long time. That would be THE gentleman’s entry point, so I am not sure it’s going to happen.
The Brexit vote is going to cause some gyrations I think, depending on how the opinion polls go. It’s going to be a traders’ nightmare because I suppose those with the real info are going to front run everything.
Need to some chartology on the opinion polls!
https://ig.ft.com/sites/brexit-polling/
http://www.economist.com/blogs/graphicdetail/2016/06/britain-s-eu-referendum
Well the Leaves and the Remains are approximately negatively correlated!
Around 21st of the month, there seems to be a lead for Remain and more polls saying that they will win. The referendum is on 23 June. Too close to call but they said that for the Scottish independence referendum and it went 55%/45% in favour of staying in the UK.
The miners are telling us Gold is going a lot higher.