Gold has proved very strong, I Adjusted the count to represent what I think is going on now. (no more triangle/diagonal imo..., see previous idea linked below)
We left the weekly MA(200) behind and are now at the important trendline! Weekly and daily momentum indicators still have room to go up...., I think it will...
Moment of truth is near...! Maybe this week, maybe next??
If it breaks we need to confirm on these TF's, below the daily might give us a false signal... Ideally I would like to buy at the end of a retracement after a break...
We left the weekly MA(200) behind and are now at the important trendline! Weekly and daily momentum indicators still have room to go up...., I think it will...
Moment of truth is near...! Maybe this week, maybe next??
If it breaks we need to confirm on these TF's, below the daily might give us a false signal... Ideally I would like to buy at the end of a retracement after a break...
Comment:
Breakout not convincing, therefor no confirmation yet so best to wait.
Comment:
Looks like it's happening..., I'm long! Look for retracements to buy...
Comment:
SL below the daily pinbar looks good
