OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Road Sign Says: Pot Of Gold Ahead

Posted by Mr.GoldBug @ 11:54 on August 27, 2014  



Aug 26, 2014

  1. A week ago, I suggested gold would likely decline from the $1300 area to about $1275 and stop there, adding bullish symmetry to an inverse head and shoulders bottom pattern.
  2. Please click here now. That’s the hourly bars chart for gold. It’s clear that gold declined to my targeted $1275 area “on cue”, and then surged higher early this morning.
  3. To view the bullish symmetry this price action created on the daily chart head and shoulders pattern, please click here now. This bullish chart looks like Michelangelo sculpted it, from a block of golden marble!
  4. Note the bullish action of the price stoker (14,7,7 Stochastics series). My first target is $1325.



more in the article here;


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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.