Simple H&S on the 1D chart, RSI failing to gain any ground.
Let's see if this one plays out.
Comment:
H&S still in play, DXY couldn't hold any of its' rally last week, even though it's virtually guaranteed that we will see a rate hike this month.
I held some shorts on miners this week, however I missed the huge drop prior to the drop in gold, so these shorts weren't very profitable. I am still holding my long positions from the early 1100's, and have added to them.
I'm going to try to put out charts this week, but its tax season right now and my office is understaffed so I'm getting killed.
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I held some shorts on miners this week, however I missed the huge drop prior to the drop in gold, so these shorts weren't very profitable. I am still holding my long positions from the early 1100's, and have added to them.
I'm going to try to put out charts this week, but its tax season right now and my office is understaffed so I'm getting killed.
Goodluck.