{"id":5759,"date":"2016-09-22T12:04:56","date_gmt":"2016-09-22T16:04:56","guid":{"rendered":"http:\/\/www.thet3trader.com\/?p=5759"},"modified":"2016-09-22T12:04:56","modified_gmt":"2016-09-22T16:04:56","slug":"the-point-of-gold-recognition","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2016\/09\/22\/the-point-of-gold-recognition\/","title":{"rendered":"The Point of Gold Recognition?"},"content":{"rendered":"

A few days ago we offered that GDXJ\/GLD<\/strong> were at inflection points and that the next leg up to 1425\/1450 in gold may be here.<\/strong><\/a><\/p>\n

Yesterday may have been the first step.<\/p>\n

The behavior on the first pullback will be key to observe with subsequent follow through.<\/p>\n

If GDXJ <\/strong>offsets $49-50, which from a bearish perspective is a right shoulder of an H&S top, that should confirm the idea of a new leg up because fast moves come from failed patterns.<\/p>\n

A failed Head & Shoulders top implies new highs in GDXJ.<\/p>\n

Moreover, new swing highs in gold will be a point of recognition for those bearish of gold who believe this years rally was a bear market rally.<\/p>\n

New highs could create a vacuum as the perception that a bull market in gold is underway takes hold.<\/p>\n

Click here to learn more about Jeff Cooper's Daily Market Report.<\/a><\/strong><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

A few days ago we offered that GDXJ\/GLD were at inflection points and that the next leg up to 1425\/1450 in gold may be here. Yesterday may have been the first step. The behavior on the first pullback will be key to observe with subsequent follow through. If GDXJ offsets $49-50, which from a bearish perspective is a right shoulder of an H&S top, that should confirm the idea of a new leg up because fast moves come from failed patterns. A failed Head & Shoulders top implies new highs in GDXJ. Moreover, new swing highs in gold will be a point of recognition for those bearish of gold who believe this years rally was a bear market rally. New highs could create a vacuum as the perception that a bull market in gold is underway takes hold. Click here to learn more about Jeff Cooper’s Daily Market Report.<\/p>\n","protected":false},"author":3,"featured_media":4215,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,1],"tags":[58,113,59,20,38,50],"class_list":["post-5759","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","category-uncategorized","tag-gdxj","tag-gld","tag-gold","tag-jeffcooper","tag-jeff-cooper-trader","tag-technical-analysis"],"yoast_head":"\nThe Point of Gold Recognition? - T3 Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blog.t3live.com\/2016\/09\/22\/the-point-of-gold-recognition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Point of Gold Recognition? - T3 Live\" \/>\n<meta property=\"og:description\" content=\"A few days ago we offered that GDXJ\/GLD were at inflection points and that the next leg up to 1425\/1450 in gold may be here. Yesterday may have been the first step. The behavior on the first pullback will be key to observe with subsequent follow through. If GDXJ offsets $49-50, which from a bearish perspective is a right shoulder of an H&S top, that should confirm the idea of a new leg up because fast moves come from failed patterns. A failed Head & Shoulders top implies new highs in GDXJ. Moreover, new swing highs in gold will be a point of recognition for those bearish of gold who believe this years rally was a bear market rally. New highs could create a vacuum as the perception that a bull market in gold is underway takes hold. Click here to learn more about Jeff Cooper's Daily Market Report.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blog.t3live.com\/2016\/09\/22\/the-point-of-gold-recognition\/\" \/>\n<meta property=\"og:site_name\" content=\"T3 Live\" \/>\n<meta property=\"article:published_time\" content=\"2016-09-22T16:04:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/07\/2061782202-Squareof9Slider.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"T3 Trader\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"T3 Trader\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/blog.t3live.com\/2016\/09\/22\/the-point-of-gold-recognition\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/blog.t3live.com\/2016\/09\/22\/the-point-of-gold-recognition\/\"},\"author\":{\"name\":\"T3 Trader\",\"@id\":\"https:\/\/blog.t3live.com\/#\/schema\/person\/8d2ae13732a5264641f9437ed5802929\"},\"headline\":\"The Point of Gold Recognition?\",\"datePublished\":\"2016-09-22T16:04:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/blog.t3live.com\/2016\/09\/22\/the-point-of-gold-recognition\/\"},\"wordCount\":157,\"publisher\":{\"@id\":\"https:\/\/blog.t3live.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/blog.t3live.com\/2016\/09\/22\/the-point-of-gold-recognition\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/07\/2061782202-Squareof9Slider.jpg\",\"keywords\":[\"gdxj\",\"GLD\",\"gold\",\"Jeff Cooper\",\"jeff cooper trader\",\"technical analysis\"],\"articleSection\":[\"Articles\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/blog.t3live.com\/2016\/09\/22\/the-point-of-gold-recognition\/\",\"url\":\"https:\/\/blog.t3live.com\/2016\/09\/22\/the-point-of-gold-recognition\/\",\"name\":\"The Point of Gold Recognition? - T3 Live\",\"isPartOf\":{\"@id\":\"https:\/\/blog.t3live.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/blog.t3live.com\/2016\/09\/22\/the-point-of-gold-recognition\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/blog.t3live.com\/2016\/09\/22\/the-point-of-gold-recognition\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/07\/2061782202-Squareof9Slider.jpg\",\"datePublished\":\"2016-09-22T16:04:56+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/blog.t3live.com\/2016\/09\/22\/the-point-of-gold-recognition\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/blog.t3live.com\/2016\/09\/22\/the-point-of-gold-recognition\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/blog.t3live.com\/2016\/09\/22\/the-point-of-gold-recognition\/#primaryimage\",\"url\":\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/07\/2061782202-Squareof9Slider.jpg\",\"contentUrl\":\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/07\/2061782202-Squareof9Slider.jpg\",\"width\":640,\"height\":480},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/blog.t3live.com\/2016\/09\/22\/the-point-of-gold-recognition\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/blog.t3live.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Point of Gold Recognition?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/blog.t3live.com\/#website\",\"url\":\"https:\/\/blog.t3live.com\/\",\"name\":\"T3 Live\",\"description\":\"Real Traders, Real Time\",\"publisher\":{\"@id\":\"https:\/\/blog.t3live.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/blog.t3live.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/blog.t3live.com\/#organization\",\"name\":\"T3 Live\",\"url\":\"https:\/\/blog.t3live.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/blog.t3live.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2026\/09\/T3-Live-Logo-white.png\",\"contentUrl\":\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2026\/09\/T3-Live-Logo-white.png\",\"width\":658,\"height\":292,\"caption\":\"T3 Live\"},\"image\":{\"@id\":\"https:\/\/blog.t3live.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/blog.t3live.com\/#\/schema\/person\/8d2ae13732a5264641f9437ed5802929\",\"name\":\"T3 Trader\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/blog.t3live.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/fc16cf85499366682a0040fbe894ec0b00ad6cfdb3d9603a9a69a8f0b0241c5b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/fc16cf85499366682a0040fbe894ec0b00ad6cfdb3d9603a9a69a8f0b0241c5b?s=96&d=mm&r=g\",\"caption\":\"T3 Trader\"},\"url\":\"https:\/\/blog.t3live.com\/author\/t3-trader\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The Point of Gold Recognition? - T3 Live","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/blog.t3live.com\/2016\/09\/22\/the-point-of-gold-recognition\/","og_locale":"en_US","og_type":"article","og_title":"The Point of Gold Recognition? - T3 Live","og_description":"A few days ago we offered that GDXJ\/GLD were at inflection points and that the next leg up to 1425\/1450 in gold may be here. Yesterday may have been the first step. The behavior on the first pullback will be key to observe with subsequent follow through. If GDXJ offsets $49-50, which from a bearish perspective is a right shoulder of an H&S top, that should confirm the idea of a new leg up because fast moves come from failed patterns. A failed Head & Shoulders top implies new highs in GDXJ. Moreover, new swing highs in gold will be a point of recognition for those bearish of gold who believe this years rally was a bear market rally. New highs could create a vacuum as the perception that a bull market in gold is underway takes hold. Click here to learn more about Jeff Cooper's Daily Market Report.","og_url":"https:\/\/blog.t3live.com\/2016\/09\/22\/the-point-of-gold-recognition\/","og_site_name":"T3 Live","article_published_time":"2016-09-22T16:04:56+00:00","og_image":[{"width":640,"height":480,"url":"https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/07\/2061782202-Squareof9Slider.jpg","type":"image\/jpeg"}],"author":"T3 Trader","twitter_card":"summary_large_image","twitter_misc":{"Written by":"T3 Trader","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/blog.t3live.com\/2016\/09\/22\/the-point-of-gold-recognition\/#article","isPartOf":{"@id":"https:\/\/blog.t3live.com\/2016\/09\/22\/the-point-of-gold-recognition\/"},"author":{"name":"T3 Trader","@id":"https:\/\/blog.t3live.com\/#\/schema\/person\/8d2ae13732a5264641f9437ed5802929"},"headline":"The Point of Gold Recognition?","datePublished":"2016-09-22T16:04:56+00:00","mainEntityOfPage":{"@id":"https:\/\/blog.t3live.com\/2016\/09\/22\/the-point-of-gold-recognition\/"},"wordCount":157,"publisher":{"@id":"https:\/\/blog.t3live.com\/#organization"},"image":{"@id":"https:\/\/blog.t3live.com\/2016\/09\/22\/the-point-of-gold-recognition\/#primaryimage"},"thumbnailUrl":"https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/07\/2061782202-Squareof9Slider.jpg","keywords":["gdxj","GLD","gold","Jeff Cooper","jeff cooper trader","technical analysis"],"articleSection":["Articles"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/blog.t3live.com\/2016\/09\/22\/the-point-of-gold-recognition\/","url":"https:\/\/blog.t3live.com\/2016\/09\/22\/the-point-of-gold-recognition\/","name":"The Point of Gold Recognition? - T3 Live","isPartOf":{"@id":"https:\/\/blog.t3live.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/blog.t3live.com\/2016\/09\/22\/the-point-of-gold-recognition\/#primaryimage"},"image":{"@id":"https:\/\/blog.t3live.com\/2016\/09\/22\/the-point-of-gold-recognition\/#primaryimage"},"thumbnailUrl":"https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/07\/2061782202-Squareof9Slider.jpg","datePublished":"2016-09-22T16:04:56+00:00","breadcrumb":{"@id":"https:\/\/blog.t3live.com\/2016\/09\/22\/the-point-of-gold-recognition\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/blog.t3live.com\/2016\/09\/22\/the-point-of-gold-recognition\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/blog.t3live.com\/2016\/09\/22\/the-point-of-gold-recognition\/#primaryimage","url":"https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/07\/2061782202-Squareof9Slider.jpg","contentUrl":"https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/07\/2061782202-Squareof9Slider.jpg","width":640,"height":480},{"@type":"BreadcrumbList","@id":"https:\/\/blog.t3live.com\/2016\/09\/22\/the-point-of-gold-recognition\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/blog.t3live.com\/"},{"@type":"ListItem","position":2,"name":"The Point of Gold Recognition?"}]},{"@type":"WebSite","@id":"https:\/\/blog.t3live.com\/#website","url":"https:\/\/blog.t3live.com\/","name":"T3 Live","description":"Real Traders, Real Time","publisher":{"@id":"https:\/\/blog.t3live.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/blog.t3live.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/blog.t3live.com\/#organization","name":"T3 Live","url":"https:\/\/blog.t3live.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/blog.t3live.com\/#\/schema\/logo\/image\/","url":"https:\/\/blog.t3live.com\/wp-content\/uploads\/2026\/09\/T3-Live-Logo-white.png","contentUrl":"https:\/\/blog.t3live.com\/wp-content\/uploads\/2026\/09\/T3-Live-Logo-white.png","width":658,"height":292,"caption":"T3 Live"},"image":{"@id":"https:\/\/blog.t3live.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/blog.t3live.com\/#\/schema\/person\/8d2ae13732a5264641f9437ed5802929","name":"T3 Trader","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/blog.t3live.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/fc16cf85499366682a0040fbe894ec0b00ad6cfdb3d9603a9a69a8f0b0241c5b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/fc16cf85499366682a0040fbe894ec0b00ad6cfdb3d9603a9a69a8f0b0241c5b?s=96&d=mm&r=g","caption":"T3 Trader"},"url":"https:\/\/blog.t3live.com\/author\/t3-trader\/"}]}},"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/5759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=5759"}],"version-history":[{"count":0,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/5759\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media\/4215"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=5759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=5759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=5759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}