Saw a poster on Stocktwits pointing out possible H&S bottom, so here's a chart of it-----GLD (and Spot Gold, as well) forming an inverse H&S bottom. Trendlines (mine) show levels of long-term support/resistance.
If inv. H&S is valid, should see GLD rally very soon (w/i next few days)...if it keeps falling pattern would be invalidated.
If inv. H&S is valid, should see GLD rally very soon (w/i next few days)...if it keeps falling pattern would be invalidated.