Take a look at the monthly @GC Gold futures continous contract. Do you see something interesting?
Can you feel them willing this with all their might to be a...yes...Head and Shoulders Bottom formation? In case we need these numbers later, let's do the Edwards and Magee measurement now. Potential neckline is at $400ish. The distance when you measure the April 2001 low to the neckline at that point is about 102 points. Add that to 400 and you get an upside target of $500ish.
03.07.30 15:50 #