Amex Gold Bugs Index continues in a broadening wedge formation. Downward breakouts occur 66% of the time, according to Thomas Bulkowski. Failure of support at 500 would offer a target of 370*.
* Target calculation: 500 – ( 630 – 500 ) = 370
Amex Gold Bugs Index continues in a broadening wedge formation. Downward breakouts occur 66% of the time, according to Thomas Bulkowski. Failure of support at 500 would offer a target of 370*.
* Target calculation: 500 – ( 630 – 500 ) = 370