Is that an inverted H&S in gold?
I responded to someone’s tweet about gold with the monthly chart below, which we’ve been viewing in NFTRH updates as an alternate scenario. I decided to tweet it directly as well.
I for one have not been bullish on gold/gold stocks beyond a bounce lately, but you know, open minds and all.
ATTN!! Let's call this a poll: Is this monthly chart of #Gold sporting what will turn out to be a bullish inverted H&S or not? Bueller? Anyone? pic.twitter.com/NcQuMisW2M
— Gary Tanashian (@NFTRHgt) July 15, 2021
Gold’s seasonality only adds to the possibility…
Seasonal low right around here on average. pic.twitter.com/7FvM1Y3hrH
— Gary Tanashian (@NFTRHgt) July 15, 2021
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