Hi Guys,
the title speaks for itself. The trend is still down below 200SMA but the building divergence with RSI at 1285 may well favour a pull back into the 200SMA but AToW 50SMA still pushing down. OTOH it could still push and break below 1285 before mid week13.
Don't forget the Cup & Hanlde Formation and the Bull Run started mid-Aug'18 which Gold is now...
Hi Guys,
I hope Richard Demille Wyckoff will forgive me for this. Lol
To view Wyckoff's accumulation structure referred above click this link d.stockcharts.com
For a brief introduction to The Wyckoff Method please click this link: stockcharts.com
Thank you for your support and for sharing your ideas.
Don't forget to put a like if you appreciate the post and...
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Before I begin, a big apology to my fellow traders as I did not post the analysis for Week 11. I was in one of the broker's annual dinner hosted in Malaysia and I did not have my laptop with me, thus I didn't present my analysis for week 12. But nonetheless, I traded and I hope all other traders profited from the up and down movement. So lets us dive into the...
Before I begin, a big apology to my fellow traders as I did not post the analysis for Week 11. I was in one of the broker's annual dinner hosted in Malaysia and I did not have my laptop with me, thus I didn't present my analysis for week 12. But nonetheless, I traded and I hope all other traders profited from the up and down movement. So lets us dive into the...
Before I begin, a big apology to my fellow traders as I did not post the analysis for Week 11. I was in one of the broker's annual dinner hosted in Malaysia and I did not have my laptop with me, thus I didn't present my analysis for week 12. But nonetheless, I traded and I hope all other traders profited from the up and down movement. So lets us dive into the...
Before I begin, a big apology to my fellow traders as I did not post the analysis for Week 11. I was in one of the broker's annual dinner hosted in Malaysia and I did not have my laptop with me, thus I didn't present my analysis for week 12. But nonetheless, I traded and I hope all other traders profited from the up and down movement. So lets us dive into the...
