GLD head and shouldery looking, short term target ~170
volume declining on back half of the formation. neckline break could spell trouble (call it 175-177 zone), would imply downside to 168 or so, a little below the 200 day. short term formation so might be short lived.
longer term, I still ee a beautiful cup-n-handle here, which i think stays in tact. if this pattern does validate, it seems the bottom end there would be nice to step in for exposure to the 10 year cup-n-handle pattern.
longer term, I still ee a beautiful cup-n-handle here, which i think stays in tact. if this pattern does validate, it seems the bottom end there would be nice to step in for exposure to the 10 year cup-n-handle pattern.
Giao dịch được đóng thủ công:
noting per below this never actually broke the neckline and has started trending up again. and again re-iterating the long term chart here is just a thing of beauty.