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Hi. [USER=89959]@bettamania[/USER] I thought of you when I saw this setup on a gold chart from kitco.com. Just to help you with your progress in understanding technical analysis. This called a descending triangle one of the more predictive setups in TA.[ATTACH=full]196739[/ATTACH]So the target price is the distance down from the y axis of the descending triangle. I haven’t looked to see if it worked as I frigged about on a new iPad using a program called procreate which draws nice lines on images. So the target price is 3141 - 26 =3,115.Look it up. It keeps me off the streets.gg
Hi. [USER=89959]@bettamania[/USER] I thought of you when I saw this setup on a gold chart from kitco.com. Just to help you with your progress in understanding technical analysis. This called a descending triangle one of the more predictive setups in TA.
[ATTACH=full]196739[/ATTACH]
So the target price is the distance down from the y axis of the descending triangle. I haven’t looked to see if it worked as I frigged about on a new iPad using a program called procreate which draws nice lines on images. So the target price is 3141 - 26 =3,115.
Look it up. It keeps me off the streets.
gg
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