No I agree, it is a reverse H&S. I simply don’t trade that pattern. Having said that I’m not a convinced short-seller by any means.

In a deflationary environment, there is no reason why gold should rise. That’s the simple answer. The complex answer I might write a post on.

However, that is in theory. In reality, in the short-term, theory means little.

jog on
duc

2) does it mean Deflation wins after all? oh horror