bq2

bq2

Looks like the inverted head and shoulders is complete.... Now I am looking to see if it can retest and break out from the 1690 line

bq2

On the hourly this looks like inverted head and shoulders! I see first test being 1690 if this gets confirmed

bq2 Updated 

Looks to be like a cup and handle play for Gold now. This time on the weekly time frame since April 2013 if it can clear 1560 I expect the next resistance level will be 1600. The handle is very narrow however, so a little skeptical about it.

bq2

I predict that BTC will test 11500 before forming a handle and then breaking out of the cup and handle play... Potential target is 19000

bq2

I think a head & shoulders is forming on the daily DXY since it broke support at 96.43. First support will be 96.05 next support will 95.7

bq2

The cup and handle play that caused the huge rally by gold is now finished. Bottom of the cup was 1180 top 1346 1346-1180= $160. Bottom of handle ~1260 top of peak 1412 1412-1260= $156. While the price may still go up I believe that we are entering a consolidation phase between 1388 and 1418

bq2

Cup and Handle Bottom of cup is 1266 where Gold hit a double bottom should be going up