Long Term Gold Channel
Gold could conceivably go to 850 to 900 and still be in an uptrend. I’m not sure what I think about that as a possibility but at this point in time patterns are unlimited. A year ago I liked the head and shoulder bottom building out theory but now i’m leery…especially when I even see fundamental non-charting type analyst drawing a crappy version of that pattern. It’s famous at this point….but I could just be thinking about it to much.
Thanks Schism. Great chart.
Thanks for checking it out