XSO 0.33% 3,213.2 s&p/asx small ordinaries

The Brains Trust, page-14898

  1. 2,947 Posts.
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    Hi PB, gold has had a nice history and rrelationship with HnS tops and bottoms hasn't it. The hourly looks set and a reversal here and $1280ish would be a nice neckline for a $20ish further tumble.


    Even though I am a big fan of the HnS I have long recognised that it is nothing more than a visual representation of the cessation of a H-L, H-H pattern and the forming of a L-h, L-L, pattern; I guess gold with its consistent $10-20 swings in whichever way its trending is a prime candidate. Does that make any sense?

 
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