faronf

faronf

Inverted Head and Shoulders?

faronf

One man's idea.

faronf

Or will it??

faronf

not sure, but maybe filling this gap before bulls can take hold?

faronf Updated 

Looks like it's printing a nice upward channel to stay in for the start of the winter demand season.

faronf

Timing band looks ripe for a test back of that structure we broke out of last month. Will it go there or remain in the channel for higher prices? I'm betting on low $50's, then $60.

faronf

Timing Band looks about right, let's see a DCL and then a break toward $60 oil!

faronf

Can anyone with cycle knowledge please comment on this. I see this coinciding with gold bull behavior coming off an ICL or YCL end of November or Dec 1st (maybe one week into December at the latest). I believe DXY is about to mark a new DCL, gold miners seem to be looking ahead...as a falling dollar should see miners jumping right now, but they can't seem to...

faronf

The 200MA is the wall that keeps Natty contained. It seems a jail break is in the works, but Natty is caught in the down light of the guard towers and must either retreat or hurry the hell up and get over the wall before it gets shot down and it's efforts to escape are thwarted by the 200MA officers. What will happen as this saga unfolds?

faronf Updated 

I was hoping we'd find bottom sooner, but this makes most sense... I was buying on pullbacks and failed to do the proper analysis... Could have had a much better entry! Hope this helps, just what I see. Faron.

faronf

who has the insight? Option A: crazy breakout to the upside Option B: Big ol' Bear! (growl)

faronf

looks like a bullish move out of the descending triangle....

faronf

bullish divergence on MACD? Three points tested... next one, break through? But do we go down 1st or not?

faronf

dunno, but this looks ominous...

faronf

Good leap up back into the channel.

faronf

That small H & S off the right shoulder just played out on Wednesday and we seen what happened to Gold and Gold miners. It was approx 12 days in the making... Is this pattern, almost 7 times larger, playing out right now? Will this drive gold over $1300?

faronf

If UJ breaks 114.20, IMO...gold will suffer some more.

faronf Updated 

Where do we go now? - (Axel Rose - Sweet Child)