Didn't see this possibility until last night.
Daily/weekly bear divergence + resistance at upper channel tells me this expanded flat may be playing out.
After C is complete we should have another large impulse up.
Good luck!
Daily/weekly bear divergence + resistance at upper channel tells me this expanded flat may be playing out.
After C is complete we should have another large impulse up.
Good luck!
Commento:
Gold/Silver ratio indicates Silver may fall more than Gold (percentage - wise)
Commento:
looks like one more higher high to complete the channel
Commento:
Channel break on Gold
Commento:
really needs to get under 1700 to confirm change of trend
Commento:
Broke channel, may retest it before going lower. If it gets solidly above the channel again, expect more upside
Commento:
Lower Channel trendline would be the Head and shoulders target for gold - around 1600
