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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: Saulamanca who wrote (40092)1/30/2024 3:15:25 PM
From: skinowski  Read Replies (1) of 41470
 
lol!

OTOH, GLD made a tremendous advance towards the 2011 top, pulled back - and rallied up to test that top. Since then, for some years now, it continues ranging.

In other words, it had a powerful rally, a pullback - and is struggling to break to new highs.

I think Jay has the right attitude - “just in case” it proves to be H&S, he wants to try an entry at new highs - with a stop loss.

Personally, I wouldn’t rush into buying. Let it break out, retest - and then we’ll see how it acts.
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