The Gold Miner Index is working on the right shoulder of a reverse Head and Shoulder with the head being about 30 units below the neckline. This implies a breakout of XAU to 220+30=250.
Tuesday, August 16, 2011
Where are the gold miners going?
The Gold Miner Index is working on the right shoulder of a reverse Head and Shoulder with the head being about 30 units below the neckline. This implies a breakout of XAU to 220+30=250.
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