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More Bad Technical Analysis from Gold Bears

07/04/2023

Less than a minute

2023.07.04 05:33

Jordan Roy-Byrne, CMT

In terms of technical analysis, Bears are throwing shit against the wall to see if it sticks. First, Gold made a triple top. Now it could be forming a head and shoulders reversal pattern.

In this video I explain head and shoulder reversal patterns and why Gold has not formed one. I also opine on the fallacy that Gold will drop before a recession and Gold needs one last decline before a great buying opportunity.