Loading ...Reversal Patterns
The norm over the past few days is for PM’s to open strong and then fade as the day moves along.
Today, I am looking for the opposite where they open down and then steadily move up during the day.
Not saying this is what is going to happen but it is what I am looking for.
Building little bull flags along the way…
Can you explain why you’re looking for this Surf?
This is what I usually see in the charts on reversal days on Gold, Oil, Stocks or any asset. Not saying it will happen but it is what I am looking for.
Right now GDX is out of the uptrend channel and GDXJ is touching it.
However, gold is just holding steady….
Let’s see.