Inverted H&S breakout...
https://www.tsptalk.com/images/mb/041320b.gif
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Inverted H&S breakout...
https://www.tsptalk.com/images/mb/041320b.gif
Sheesh.
Contact Gold Corp. (CGOL)
Other OTC - Other OTC Delayed Price. Currency in USD
0.0700+0.0698 (+34,900.00%)At close: 3:59PM EDT
https://finance.yahoo.com/quote/CGOL?p=CGOL
Quote:
Originally Posted by tsptalk
Pennant broke out this morning...
https://www.tsptalk.com/images/mb/051420a.gif
A repeating pattern for gold? It's a bullish pattern, but a short-term double top dip, like we saw in February, may occur first to throw people off this bullish scent.
https://www.tsptalk.com/images/mb/051820b.gif
Depending on where that reverse H&S neckline is, the pattern could be complete or have more to run, but it's breaking down in this chart.
Attachment 46244
Looks similar to the early February dip. Perhaps the mid-Feb rally is next?
Quote:
Originally Posted by tsptalk
Long term yearly base. Still going to need to make a handle though. Are we only a few years from a massive cup and handle breakout?
Attachment 46435
A lot of support at 158, but it might be time for a pullback in GLD to the 153's.
Attachment 46486
H&S Pattern likely negated today.