GOLDEN DOODLE
Gold has gone NOWHERE for a Month now…after a manic run from 1800 to 2000 in a week !
So…This Chart Pattern implies its halfway ( I am not allowed to post Arrows so use your imagination …but 2200 is at the end of the rainbow )
However the Mining Shares which usually predict the next move are weak …So there’s THAT
So What do YOU think ? which way does this Nice Little Flag Break ?
I still see all of those unfilled gaps way down there as troubling. My bet is that the optimal buy point will be either mid summer or sometime in the fall of 2023, then it will be time to lash oneself to the mast and not let go.
That’s a nice 1 month BEAR fLAG.