Wednesday, February 21, 2018

This or That?

So I guess the fortune teller's right
I should have seen just what was there
And not some holy light
--Natalie Imbruglia

Elongate the time horizon on the gold chart and what do you see? Some might see what looks like a monster head and shoulders pattern nearing completion. This is bearish.


Others might see a declining pennant pattern in the midst of a long term uptrend. This is bullish.


The great debate long raging inside my head may be nearing resolution.

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