Gold: Quasi Inverse Top Hat

October 26th, 2011

Warning: This is not a recommendation to buy, sell or hold any financial instrument.

Squinting hard, I see a bullish inverse top hat (gap close) shaping up, target $1920.

Spot gold, daily interval

Spot gold, daily interval

Posted in Economy | Top Of Page

2 Responses to “Gold: Quasi Inverse Top Hat”

  1. messianicdruid says:
    October 26, 2011 at 6:33 pm

    It is hard for me to give charts much credibility with all the manipulation that has been going on.

    http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/10/26_KWN_Special_-_John_Hathaway__Gold_Stampede_Now_Imminent.html

    http://www.bullionbullscanada.com/index.php?option=com_content&view=article&id=22646:slv-and-silver-manipulation&catid=49:silver-commentary&Itemid=130

  2. Kevin says:
    October 27, 2011 at 4:59 am

    You might benefit from educating yourself about technical analysis. Any manipulation (real or imagined) is included in the chart data. Whether or not a technician can interpret the data with any success is a different matter.

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