FightClub

FightClub

Another reversal at the long term downtrend line. lets see how low gold can go again before another upleg. exciting times!

FightClub

gold weekly had very healthy and much due consolidation on weekly chart last two weeks. next week will determine the trend.

FightClub

first profiting taking point is $1270.00 and stop loss at $1249.00

FightClub

next stop 2300.

FightClub

the long term downtrend line from 2011-2013 is holding up

FightClub

200 moving average is acting as support here. if we see a break- we might drop all the way to 106.00- which is good for gold and silver

FightClub

SPX is trading tightly withing triangle- we might see bears wake up if it breaks the uptrend support.

FightClub

Would love to see this Head and Shoulder play out

FightClub

getting close to that long term downtrend line from 2011-2013.

FightClub

the 4-hour chart seems to have reversed...

FightClub

Gold is looking terrible. staying short until reversal confirmation

FightClub

Miner's weakness is not very encouraging.

FightClub

a couple of resistance at $1250 and then $1263. hopefully, we will get through with all the volatility in USD and market nervousness

FightClub

bullish- signs 50 day MA crossing 100 MA. MACD looks bullish and daily RSI at lows

FightClub

Gold seems to have started an uptrend after the the interest rate hike. as expected in the previous charts.

FightClub

As per my previous chart, I was expecting Gold to spike after the rate hike just as history shows. I also believe this won't stop here, this is the start of new leg up.

FightClub

Gold at strong support of $1194, IMO great opportunity to load some

FightClub

First lower low is being established on hourly after more than two red weeks. daily close above $1208 will be the first good sign after more than two weeks of bleeding