Gold in Euro
PK…this is another line …if this one is right..we already broke down !
Yikes
This one has more touches..it shows a slight breach then rebound in Dec 2016
If this is correct the breakout was classic…gap and all.
Did I say Yikes…why am I scaring myself on a Saturday Night…!
🙁
Canadian Gold exactly the same thing
PS….I refuse to tell you what the PO of this giant H and S Pattern is ! No way I am gonna say it and look like an idiot.
What interesting about all this is Gold is considered to have begun its bull market in 2001 ( US Dollars)
But in all the other important currencies it didn’t start until 2005. The Parabolic move was just 6 years…and we have had a 6 year bear now.
Curiouser and Curiouser.
Yeah. I drew mine from my phone which is not as accurate. If you are bored please look at the silver weekly line. Then you will scare yourself 🙂
Fully, looking at that bounce off the 200 MA on your $GOLD:$XEU chart on the thumbnail is as perfect as they get. Im going out on the rookie limb again to say the recent BI ends up playing out as an FBO. Thanks for sharing.