febgold

A large potential Head and Shoulders bottom has formed in gold over the last 3 months. The breakout occurred this past Monday around $1230.

Confirmation came three days later on the dramatic rally above $1260.

The potential target is a move above the neckline equal to the distance from the bottom at the head to the neckline. This places potential target at the $1330 area.

Lundy Hill

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