Gold, Silver, Crude & S&P Ending Wedge Patterns

Posted by Gary Christenson - The Deviant Investor

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Gold and silver prices have been trading in declining wedge patterns since 2011. Crude has traded in a flat to down wedge pattern for five years, and the S&P has been moving inexorably higher since early 2009 in a contracting wedge.

There are signs of a trend change. Examine the log scale weekly charts below.

….click HERE for larger Charts & more commentary

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