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As there IS a potential 'W' Pattern here...
yes and black inverted hammer and price was also near the top of a channel, and div on intra day charts, so multiple things lined up.
Note - keep an eye on the GDX/GLD ratio trendline
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Gold - Beware caling the top too soon...
Posted by saturn6 on 14th of May 2015 at 12:20 pm
As there IS a potential 'W' Pattern here...
Gold stocks reversing here at resistance @200 dam
Posted by torvix on 14th of May 2015 at 04:04 pm
yes and black inverted hammer
Posted by matt on 14th of May 2015 at 04:07 pm
yes and black inverted hammer and price was also near the top of a channel, and div on intra day charts, so multiple things lined up.
Note - keep an eye on the GDX/GLD ratio trendline