titi

Gold looks to its RS?

FX:XAUUSD   Gold/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.
isomorph
3 years ago
maybe. why do you need both the RSI and the StochRSI? not redundant?
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titi isomorph
3 years ago
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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titi
3 years ago
Update on Gold, expectations from last week met until now
snapshot
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