Gold approaching Thin Cloud.

COMEX:GC1!   Gold Futures
374 7 6
Thinner cloud is easier to pass. Thicker cloud offers a greater resistance in take off.. This is a weekly chart setup. will be watching for strength in momentum. Speaking of strength, you will find all sort of divergences in Gold             . One more thing I want to point out is how effective the "I Cloud" is in following trendlines . GL
Great Post...If only I could get you to use my Custom Ichimoku Indicator...It would be an honor to have a coder like you use it...
+1 Reply
ucsgears ChrisMoody
Sure, I will start using those, Its been a while since I used this setup. Will need to update my chart defaults. Thanks for the reminder.
pvasq1 ucsgears
if you use the cloud + the vix + the ADX indicators that you both have created = powerful trading tools when we understand price action.
DMI Oscillator - you mean?
pvasq1 ucsgears
yes, that one! :-)
Thanks for saying so...
Just kidding with you....I'm doing major updates to the latest version anyway
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