titi

Gold looks to its RS?

FX:XAUUSD   Gold Spot / U.S. Dollar
204 3 1
Gold             has behaved as I expected up to now from 1433 to 1304ish. On its way down, I think it'll look to its RS             at the daily pivot , TL and also the top of the Ichi cloud (hidden for sake of clarity). The PRZ in the green box fits to the theory of H&S and its measured move.
Comments are vey welcome.
Update on Gold, expectations from last week met until now
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maybe. why do you need both the RSI and the StochRSI? not redundant?
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titi isomorph
Greetings my friend! The reason why I use both is that in my experience, the StochRSI can sit at the extremes 0 or 100 for a little and yet the RSI can continue further. The stochRSI helps me anticipate a change in RSI more acurately. Anyway, just a matter of taste.
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