Since the break of the down trend channel (purple line) gold has acted as a mirror to the bear trend with a surprising amount of accuracy with the exception of the consolidation period after brexit. Trade using the shape of the mirrored clone and set trades on the nearest support/resistance lines.
Commento:
Updated channel lines. We hit mid channel so are currently short acording to the clone. Clone says to accumalate longs around the channel bottom
Commento:
hold shorts until late april and exit if bottom trend line is reached. Hold longs until mid july