Head & Shoulder Top in Precious Metals
February 10th, 2011
The daily gold chart has a head and shoulder top already in place and is currently re-testing the neckline, while silver, arguably the oldest currency, may have just put in the right shoulder of a H&S shoulder top.
Interesting times…
Jay Norris is the Chief Market Strategist at Clovernest Financial Group and the author of Mastering the Currency Market, McGraw-Hill, 2009.
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