The Light at the End of the Golden Tunnel

The most comprehensive Gold and Silver Chartology in a Long Time :

snip

“I mentioned earlier today that I was following a couple of potential bullish chart patterns for gold that are still under construction”

“This ten year weekly line chart for gold shows how the 2016 triangle fits into the 2011 bear market downtrend channel. There are four critical areas of resistance the bulls will have to takeout before they can see light at the end of the tunnel. First is the 65 week ema . Next is the bottom rail of the 2016 triangle, then the top rail of the 2016 triangle and last but not least the top rail of the 2011 bear market downtrend channel. If the gold bulls can pull that off they will be talking to us loud and clear and it will be time to call the 2011 bear market over.”

Warning the final chart is a “What If” doozy for mature audiences only.

For members

https://rambus1.com/2018/11/03/late-friday-night-charts-85/

GOLD POSTS

https://rambus1.com/2018/11/03/gold-2/