MEGALO1

MEGALO1

Gold has been churning in side winder fashion in a $40 channel for the last five periods i believe Gold to falter some today or in the near term future, a retest of $1880's is highly likely today beware of the Red X . :-)))))

MEGALO1

Gold's got a nice hourly bullish trend going, but lack luster volume, which usually means little momentum no fire works here!! up for a time down for a time & half today !! :-))))

MEGALO1

DXy looking very bullish here it also should continue to rise for the next couple of weeks up to election time!!

MEGALO1

i believe oil will continue too trend higher from this point until election and perhaps beyond for a time!!

MEGALO1

MEGALO1 Bullish with a negative bias ; That's my prediction & i'm sticking too it!!! :-)))) Chart Snapshot

MEGALO1

i believe Gold should remain Trendy. If Gold does not breach $1909 today it will continue it's pattern of a bearish bias like it has for the last 2 months plus!! Yes Gold could breach the $1909 point and fire bullish given the right circumstance such as the political fundamental drama like we have seen this week i make no predictions there ??? :-(((((

MEGALO1

MEGALO1 As i gaze through my Gold Bug filled Spectacles will Gold break trend in the next time & half on my multi month trendline ??? $1908 Or will Gold stay Trendy ??? :-) i believe Gold should remain Trendy. If Gold does not breach $1909 today it will continue it's pattern of a bearish bias like it has for last 2 months plus!! Yes Gold could breach the $1909...

MEGALO1

Dxy still got alot of upside before going down $95.5 is near term projection ! :-) Megalo >

MEGALO1

The last hour candle is Bullish Engulfing & it should rise! I don't thinK Gold in its present state of cycle has enough fortitude to rise higher past the trend or not ??? i do believe Gold will need a little more of a squeeze before popping up with momentum! Which means a dive further down for more pressure to be exerted then the volcanic reaction?? Gold's...

MEGALO1

Can oil Make it to $41 today if this Chart pattern is correct and not a mirage i say it ready to vault higher! :-) We must remember this is a cyclical daily prognostic chart that i'm working from, it will have it's up's & downs during the day, Chart patterns can take days to complete sometime longer??? Megalo>

MEGALO1

I 've been looking at Gold's chart so closely it's made me cross eyed ! :-) A epiphany hit me it made me realize Gold must have equilibrium before vaulting to new magnificent heights, it was on the bridge of my nose not the tip of my nose i would've seen it earlier but it was to close to see ??? :-) Yes this goes hand-n-hand with Leonardo's Disciplines as well....

MEGALO1

Yes it's true this Gold Chart was constructed over 7 day's past and it is probably the best chart Bar none on the trading-view platform demonstrating Gold's prognosticated price movements !! I really hate tooting my horn but facts are fact's !! Yes i posted it numerous times in the Gold Chat Room since 14th of September . :-)))))))) yes i'l give this smiling...

MEGALO1

Oil needs to hold above $39.3 to maintain validation of C-n-H pattern torquoise colored line line Chart Snapshot. :-) Megalo

MEGALO1

I believe Gold's price action does just like depicted on my Gold chart up & down in a channel of around $10 slowly churning back up once again ? Will hold onto this prognostication until otherwise evidence show proof of anything different !! > Megalo

MEGALO1

Yes this C-n-H pattern came true oil did raise higher looking for some slight to down side winder action , than up we go!! Up Up & Away!! This is a chart run on the daily time frame so don't expect any quick minded responses . looking for $44 -$46 range in next couple of weeks no monster rallies here like the so called expert's on market watch what a joke they on...

MEGALO1

Dxy pounded down hard for one & half day's with little fan-fare response from our favorite topic (((Gold)))!!! Just imagine what happen's to Gold's price action if my chart becomes the future??? i do believe that red line is the new base for Dxy or if you will support??? I believe gold have some more down side too come before soaring to staggering new height's...

MEGALO1

I'm sick-n-tired of being sick-n-tired Gold has violated my golden trend line 5 times in the lasts 20 hrs. it's time to lay that Golden Egg! LoL :-) This is my sediments exactly !! :-) make that six violation's now !! :-)

MEGALO1

Yes the Gold title is true of a flashing a double doji which is bullish in itself. But there is many other factors we sholud consider before going in head long, on one of your favorite Gold stocks are making a nice futures call > First as traders we need to look at Gold through the eyes many indicators MACD; RSI; STOCHASTICS; BOLLINGER BANDS ; MA; Volume; Chart...