speculative gold price projection based upon the "Cup-n-Handle" chart pattern ..... could take a couple years to play out - if it plays out at all .....
Gold Price Chart ..... Cup-n-Handle Pattern ..... Price Projection .....
- Thread starter Heavy-Black-Sand
- Start date
Help Support Gold Refining Forum:
- Joined
- Aug 12, 2021
- Messages
- 1,257
Rather then a cup, I think the chart looks more like the bowl of a toilet, minus the tank. This is also the place where I contemplate the Gold market futures. Gold as a commodity, is really just a hedge against inflation. I do not use it as an investment. Trying to predict what the world banks will do, is impossible. Unless you can bug the men's room where the world markets are set. Inflation is how the world currency works. I hate to whip a dead horse.
- Joined
- Mar 19, 2021
- Messages
- 49
It is a FACT that any time in the past year, if I have sold a couple ounces of gold, the price will immediately spike $50-100 after that. I then scramble to process more E-waste to catch the rise, and in the time it takes to process a couple more ounces, the price deflates back to where it was. I say gold is very predictable based on this model, but I don't have a fancy graph to prove it 
