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Gold/Mining/Energy : Gold Price Monitor
GDXJ 92.79-0.2%4:00 PM EDT

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To: #Breeze who wrote (116718)10/14/2025 1:19:04 PM
From: ryanaka  Read Replies (2) of 116741
 
I asked google AI this question:
Q: "can the price objective of the breakout of a long term cup & handle formation be by percentage (logarithmic) rather than by absolute price (linear)?"
AI: "Yes, for a long-term cup and handle formation, it is often more appropriate and accurate to use a percentage-based (logarithmic) price objective rather than an absolute (linear) one. A logarithmic scale provides a better representation of long-term, percentage-based growth, which is exactly what a multi-month or multi-year cup and handle is designed to signal."

Going by percentage, the depth of Cup is roughly $4 to $52, which is 1,300%.
So the breakout target is $52 + 1,300%x52 = $728 ????? Is this right? This is absurdly high. Ag is the new Au !!! Maybe I am not doing the math right?
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