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hungry_hippo
12 lip 2019 22:56

Gold Pennant Update 

Gold FuturesCOMEX

Opis

I suppose it only makes sense that this pennant takes the same amount of time to resolve as the last pennant, a week and a half.

Based on timing, it appears that gold should go on another run early next week, this time because of a stock market drop (vs just a rate cut). Timing coincides with my SPX expectations of a dip next week.

Komentarz

Looks like it broke out of the pennant and back tested it twice. Not sure if we'll hit the target or not. No position.
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