This is intended as humor. It probably falls short of that ideal.
From ZeroHedge:
Gold 5-minute chart, February 21 - 22
And a quick look at the chart book to find the name of this type of action:
Looks like it’s doing the classic flaming pile of shit formation pic.twitter.com/JkQeErDfY2
— Ramp Capital (@RampCapitalLLC) January 21, 2022
Again, this is intended to be humor. In the real (non-blog) world gold is forming a massive cup-and-handle formation. More on that at a later date.
