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GOLD TRIPLE BOTTOM
Gold (now at 1241) has made a triple bottom around 1183 (see weekly chart and daily chart) and started a corrective rally as usual. At this stage, there's still no sign of the typical set of waves that mark the end of the major...
I had to redo my chart after the stock split so it gave me a chance to take another look and redraw. Here's an updated chart that may or may not prove valid. Price does seem to react at the various tines of the fork.
Daily closes above the mid fork would bode well for AAPL. Price rejection by the mid fork and closes below 90 would have bearish overtones for AAPL...
Here is just one look at BTCUSD. Let's see if these trend lines continue to be respected. Pay attention to price and how it interacts with pitchfork support. Over 680 would be bullish. Below 535 spells trouble for long trades.