chsmit

GC1! Gold Head & Shoulders DOWN !!...?

COMEX:GC1!   Gold Futures
With the dollar being so oversold (for good reson perhaps), it seems like the dollar is making a short term correction, leading to lower commidity prices.

Have a look at the blue line indicating the neckline of a potential Head & Shoulders on the gold price.

There might be a very nice entry point into gold and silver in the very near future.

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