Thursday, August 25, 2011

Gold Inverse H&S on 1 min intra day chart (GLD)

Culmination of the inverse H&S .. good for a 25 point move higher or so

She goes up and she goes down ......GC has traded down over 200 points in two days and bounced 50 or so today off lows.... WITH nothing changing in the global macro landscape.. IMO after jackson's hole is revealed trends will stabilize.....

until then. god speed.

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