Matt/Steve from a time line perspective for the Head and
Shoulders on Gold. You mentioned 1850 or 1950.....what would you
guess the timeline to be for that to play out ? 6 to 12 months
?
I think would be well before 12 months, shoot gold could do it
in a couple months if it had two more up month candles.
However seasonality is something to consider gold historically
is weak from around May until late July, of course that's
just a long term average, these are obviously different times.
Got it. I am holding some physical also ....so just waiting for
an opportunity to switch it back to what ever that is under valued.
Hopefully as a group we can identify the extreme levels.
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Matt/Steve from a time line
Posted by sham22 on 13th of Apr 2020 at 02:39 pm
Matt/Steve from a time line perspective for the Head and Shoulders on Gold. You mentioned 1850 or 1950.....what would you guess the timeline to be for that to play out ? 6 to 12 months ?
I think would be well
Posted by matt on 13th of Apr 2020 at 02:43 pm
I think would be well before 12 months, shoot gold could do it in a couple months if it had two more up month candles.
However seasonality is something to consider gold historically is weak from around May until late July, of course that's just a long term average, these are obviously different times.
Got it. I am holding
Posted by sham22 on 13th of Apr 2020 at 02:48 pm
Got it. I am holding some physical also ....so just waiting for an opportunity to switch it back to what ever that is under valued. Hopefully as a group we can identify the extreme levels.