One Man’s Glitch is Another Man’s Breakout
Sir Nightingale . Stock Charts is the Futures Price….”Continuous Contract” …so that “Glitch” is just the Nearest Futures price shifting from the expired August Contract to the December Contract…which is at a pretty large premium to “spot”
So we have a breakout on the Daily chart
This H and S was spotted by Goldtenter Daryl last week
Sure … doesn’t fit your narrative huh.
This precicely fits my Bulllish narrative ! Because it’s a valid bullish interpretation of the chart…I added a cycle for you
Notice higher highs and higher lows .also notice last 2 time breaking thru the 50 dma we went UP
As does your chart fit the bearish narrative because its a bearish interpretation .
Disregard it… refer to the GLD chart
Buy, buy, buy…the pm stocks that is.