The potential for this pattern to play out
will be highly correlated to many things...
Among the most important:
1. US$ (DXY) - Potential for radical moves due to stimulus
2. Other Alternative Investments (BTC)
Sentiment
3. Fear - Trustworthiness of Paper Gold
4. Manipulation rumors
Possible Pattern Plays:
Entry - $160
Exit - $260
Move $100 (62.5%)
Note: Monthly Chart!
May your Cup runneth over!
will be highly correlated to many things...
Among the most important:
1. US$ (DXY) - Potential for radical moves due to stimulus
2. Other Alternative Investments (BTC)
Sentiment
3. Fear - Trustworthiness of Paper Gold
4. Manipulation rumors
Possible Pattern Plays:
Entry - $160
Exit - $260
Move $100 (62.5%)
Note: Monthly Chart!
May your Cup runneth over!