1. Gold has reached Daily supply zone 1957-73
2. 1960 is also the lower end of long term Weekly supply zone.
3. Gold is also near the top of the descending channel from May 2023 high 1981.82
4. Fall in DXY and drops in US yields did not lead to growth in Gold today.
Sell in the 1957-1973 supply zone for :
Short term targets - 1925/1912/1902
Medium term target -...
I am nicknaming the 2-10 year yield "Icarus".
Pushing back towards to the sun with haste it would seem .
Kind of interesting how this is off the media radar today .
Oh my wings! See my two wings! How I love to fly!
-The final words between: Icarus, and his father~
So much for the 5th wave... the formulation has truncated after the payrolls report.
This is an example of an erroneous freeing. In similar patterns, the rebound will translate in a 5 wave impulsive sequence which is somewhat cramped after the knee-jerk reaction from covid. The appropriate positional response to the lows here is to ride the pig , what we are...
Good afternoon. This is the chart that everybody yelling about.
May this year price close below monthly support. Today (Aug 2019) we have a green 9 and doubts. The importance of this level is significant, but
first let's compare 1991 vs 1995 vs 2000 vs 2008 vs NOW(2019)
You can do it yourself and come to any conclusion you will, but I want you to know that...
