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reluctantplumber

I think the Brown channel is real

CFDs on Gold (US$ / OZ) (TVC:GOLD)  
reluctantplumber Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
6
0
Still watching for a failure of the aggressive green channel, The hidden Blue diagonal is still proving itself as relevant - I think a failure of the green channel will send us to test the bottom rail of the brown channel before year end.
Comment:
A bad day for gold bulls - the aggressive green channel is now invalidated unless the weekly candle can wick above - breaking through the short term magenta trend will lead to the bottom rail of the brown channel.
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