Long hiatus, nice to be back. I’m seeing a definite upturn in mood and optimism about the PM space. Rightly so, after the huge moves in NOVO et al. However one thing that seems to continue to bug me is the look of a really long term bear flag from the August 2016 high, to the december 2016 low and the churn up being a drawn out bear flag. I hope I am wrong, see for yourselves please. If that gives way and falls with a backtest we will see a Head and shoulders form out as well. Target for now is looking around 1045. Brings the DB scenario into play again. For one, I hope I am wrong on this.

Edit: I remember Rambus depicted the August 2016 top and showed how post the Trump win, there was a slanted Head and Shoulders top. There was a slanted neckline. I have tried to recreate that, Fully wondering if you remembered what I am on about? Regardless. The recent high in gold came about by a FBO gap above that same neckline, quickly reversed. Yikes.