Against the backdrop of gold’s efforts to push higher, Goldcorp Inc. is also attempting to rally. A potential double bottom at 17.65 is shaping up. Once the pattern’s boundaries, which match those of the gap near 20.90, are breached, investors can launch long positions with the first target at 22.64, a solid historical level. Breaking through this level will pave the way towards the lower bound of the band near 25.50. Further targets will depend on the performance of gold.
My forecast participates in the Market Forecaster contest. Follow the link s30061920484.whotrad...com/blog/43473552185
to vote for it and help me win the top prize. Thank you.
My forecast participates in the Market Forecaster contest. Follow the link s30061920484.whotrad...com/blog/43473552185
to vote for it and help me win the top prize. Thank you.