Just some long-term Gold thoughts...

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Comment: So far, so SPOT-ON!

Comment: BOYYY - what an astonishing ride!!! To say the least...

Although the aurum did not take my projected path, you see me completely & utterly blown away by the recent moves it staged - AND with conviction!

So Gold actually blasted through the upper boundary of the gargantuan 6-year-accumulation/rounding-bottom pattern (what I call the '6-Year-Super-Bowl-Break-Out™' ;D ) what comes next sho 'nuff is anybody's guess but I assume there'll be 1 last looking-back for a final kiss goodbye to the Supa Bowl™'s upper edge and from thereon.. it's OFF TO THE RACES!

May the g*ddamn BULLRUN begin! :D
Comment: Lo' & behold! :D

After the '6-Year-Super-Bowl-Break-Out™' three weeks ago we had another super bullish last-week-of-June, generating that rock solid 6-PLUS-year-high at 1440 only to be followed by the first support retesting bringing the spinning top's lower wick in spitting distance to the Supa Bowl™'s upper edge but also reached for a 1440-retest to the upside, thereafter.


Now we had the second retest, this week, and it damn sure feels like 'the (DOUBLE!) bottom is IN!' (@ 1380ish)... and also with the DXY looking kinda measly, lately (to put it mildly), week #29 might possibly bring about another 2019 high... if not my original projected intermediate high.

Anyway - it's gonna get interesting for sure!

Happy trading yall :D
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out