Friday, August 11, 2017 10:50:57 PM
As I mentioned gold would need to break below 1204 to classify it as a triple top reversal. But when I googled triple tops, they mostly referred to them as common reversal patterns. I would think though that it could just do a small pullback to the fib .386 or .618 and then make the big move up?
I do see that thunderbolt set up like you mentioned as well, which would probably mean a small pullback to 1280ish first?
Interesting look at the weekly RSI over the last three attempt at 1300
This pattern hasn't completed yet, but so far it fits the parameters.
GDXJ weekly looks like somethings gonna give soon
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