Gold; New Channel

'OC 2': Orange channel 2, is added. It places boundaries similar to those already delineated with 'GC 1'. The departure from the Green parabolic Channel 15 Feb, '19; 10:30 an the subsequent top of that rally precipitated Thin Blue and Thick Blue convex parabolas. The intersections of these curves with the Green and orange parabolic channels are of interest and should be witnessed.


'SO 1': overarching the Rally of 25 Jan '19 through 31 Jan '19 has played its role, specifically the 21 Feb; 20:30 bounce. as Well as the Local tops of 18 Feb 16:00.

If the Gold Jag continues along 'SO' 1 then it should find resistance in lower solid green channel ( actually in thin Black )
there may be a 28 Feb bounce 06:30; 1314. This number does appear as a 'technical resistance level' between Jan 30 '19 and Feb 14 '19 .

Upper Green Channel is the parabola that unifies all that with the 1327 level that brought the price down and the Jag into the Green area 27 Feb 13:00. It is as if once the Gold Jag entered the Green it could hear again 'SO 1'. I think it will not obey, the market global finance system need more metal.

All this is not much of a change since Concave Solid Blue 'C SB', extending into Dashed Blue, IS the current wider trend