Yes.... the inverted H&S pattern... That $1,000 barrier is historically significant and a large whole number; it will be very significant if price can break through to the upside... and the price projection does indicate the potential for a sizable move. Can't you just taste it,... or is that greed?

Their needs to be a catalyst to get gold through and above the neckline. Will it be one significant event or the "straw that breaks the camels back"???

If you consider things, we've been seeing a compounding of variables that are weighing on global currencies, equity markets and economies. One more little stumble and a cascading flight to quality may just occur. Right now, I don't feel the fear.

This pattern has formed very slowly too. One shouldn't feel an urgency associated with acting too quickly. Some times it's best to wait for a pattern to resolve. However, if you feel compelled to take a position, set clear stops. There are pro's playing gold; head fakes occur frequently and price often pierces trend lines and obvious resistance / support levels.

Be safe, like fort knox!

Yeah this synches with my wave count analysis as well.

Same here - but Adam has a way of explaining ultra-simple concepts that I often miss by focusing on more advanced technicals.

Good overall view Corey, but r u recommending we buy gold right here.

I'm bullish gold, but for other reasons I've mentioned in prior posts on the blog. I'd say the ultimate buy comes when/if we break above $1,000.

It's so funny - Adam and I both have different methods - but we often come up with similar conclusions many times. Or we'll post/do a video either on the same day or one day apart.