848evo
Short

Gold Cluster Chart 10-14-16

FX:XAUUSD   Gold/U.S. Dollar
65 2 5
PA broke the minor rising TL as expected, went down and took out the strong sell cluster at 1249 causing the spike down and now after market settles, we should see continued movement down to target those lower clusters.
***** HOW TO READ THE CHART: The red and blue lines represent clusters of BUY/SELL orders. The thicker the line, the stronger the cluster. Red = SELL, Blue = BUY. Grayed Out = Cluster Hit & Gone.
albertwt
2 months ago
Hi Evo,
So how does this correlates with DXY chart ?
Reply
848evo albertwt
2 months ago
I'm confused a bit, how does it not? My DXY charts show the value of the dollar increasing in a bull run up, thus pushing the price of Gold down.
Reply
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