RE: REVERSAL HEAD & SHOULDER...
FYI:
BOTH GOLD AND THG ARE BUILDING THE SAME REVERSAL HEAD AND SHOULDER PATTERN ..
1ST LEFT SHOULDER IS AROUND: SEPT/OCT
HEAD IS AROUND ::: END OF YEAR A LOWER LOW AS LEFT SHOULDER
AND IN PROGRESS (BUILDING) THE RIGHT SHOULDER :: ACTUAL LOW...
FROM HERE NEED TO SEE IF THE PRICE (EITHER ON GOLD OR THG) WILL MOVE HIGHER FROM ITS RECENT PULL...
GOLD WKLY CHART (DOESN,T INCLUDE TODAY PICTURE).. ONLY AFTER CLOSE...
https://stockcharts.com/h-sc/ui?s=$GOLD&p=W&yr=0&mn=8&dy=0&id=p35838099899
THG.V WKLY CHRT: THIS ONE INCLUDE THE ACTUAL TRADING LEVEL.
https://stockcharts.com/h-sc/ui?s=THG.V&p=W&yr=0&mn=8&dy=0&id=p85859255968
FOR REFERENCE ON REVERSE HEAD & SHOULDER PATTERN (BOTTOM) HERE IS A LINK
https://stockcharts.com/school/doku.php?st=REVERSE+HEAD+AND+SHOULDER+PATTERN&id=chart_school:chart_analysis:chart_patterns:head_and_shoulders_b
JUST MY TA READING PLEASE DYODD!
FRATZY!