Selling being absorbed? breakout watch long over 57.40
13.90 stop. above avg vol Hammer. Ascending Tri. Swing play
Bounce off support and multi year trend line. Long Treasuries
Converging Resistance and trend lines may lead to a possible break out. ultra High volume hammer/doji with a long lower wick suggests bullishness. IF breakout and follow threw 1month target 45.50
Approaching support levels for a possible bounce and from 51 area. no position
Possible 4yr H&S continuation and 4yr Symmetrical Triangle. Long Term; long $100 Short $40
A 7Month H&S bottom recently completed. Continuation on above Avg VOL confirms. Long from 3.62. Will Add more on a low VOL pull back or retest.
Possible right shoulder low already in for gold. The price symmetry may not be there, however, the duration from LS low to Neck Line is the same duration from the RS NL to RS low. Assuming this interpretation is correct we should see 1360 plus, spring 2018
1.Running wedge on 4hr typically resolved to that down side. would start that next leg down to make that right shoulder low of a massive 4yr H&S continuation pattern, somewhere near 1200
Wedge,Higher lows, moving along top trend line, just closed above 20ma. looks poised for a move to the upside, although AMY has seemed to have failed attempts in that past. will this one be different? short term target $5 if a strong move up with volume. would confirm a bottom and reversal.