Reverse H&S Pattern in Gold

Source: Przemyslaw Radomski CFA Published on Friday, September 15 2017
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Last week, we received quite a few messages in which readers asked about the long-term reverse head-and-shoulders pattern in gold and related ratios. In today’s alert we discuss this in greater detail. Let’s jump right into the gold chart (charts courtesy of http://stockcharts.com). The shape of the head and shoulders may not be evident on the chart, so we marked it with grey rectangles (one for the head and two for the shoulders). Generally, there are several characteristics regarding the re
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