Keeping it simple with Gold - C&H

Gold has an almost perfect C&H and still has posibility of 100pts+ retracement possible before a big reversal, could possibly retrace more than 50%... (1500 I see as worst case - 61.8% pullback).

This will be very swift hopefully within the next 30 days before it rockets.

Kommentera:

Whats really interesting also this whole cup and shoulders started August-September 2011 - we are circa 5-6 months off the 10 years.
Makes me think could this handle keep stringing out to 10 years......