- SHS bottom now formed and neckline broken, although we still need it to close this month above for confirmation.
- Bottom formed at end of 2015 at 1046.
- Neckline 1375.
- Magnitude of measured upmove is 329.
- Multi year target 1704.
- This is the "Donald Trump is an Idiot" Trade.
- [Addendum : Closed the month of Jun2019 at 1409, so breakout confirmed. Fail on a monthly close back below neckline of 1375]
22 June 2019
Gold : SHS Bottom, Target US$1704
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