"For every action, there is an equal and opposite reaction." - Isaac Newton
Spectacular bull markets often end with spectacular bear markets!
There is a very important alignment in the gold market in terms of PRICE and TIME. If assumptions below are correct then we might be on the verge of the second phase of this spectacular bear market in the precious metals...
"Major top (double) in Aussie gold could be upon us. Rising ascending wedge ( bearish ) pattern in progress." - posted week of 7/11/2016.
This analysis/chart was originally published privately on 7/11/2016. Trading view does not allow converting private charts to public. I am re-publishing it here in public now for future reference.