Upwards moves will lead a new breakout after trading sideways for a bit.
Watch for Market Movers to take profits and also draw stops/limits into the fray...
Watch for a move or breakout up/down in this timeframe...
watch for move above trends and any top above 168 that may sustain.
Silver trapped in a range for Options with Straddles, Strangles and IC or BWB plays over next few days. A breakout or drop will happen with inverse correlation with SPY. If XAUUSD breaks to new highs (1790?) then see XAGUSD and SLV lag by a few days/hours as well...
Renko price movement above ATR and a strong move.
Ascending Wedge blows past previous peaks and form stronger higher highs. Wed show 1830 by July 20 to Aug 10 timeframes. GLD XAUUSD /GC
Showing strength for XAUUSD above 1780
Nice Wedge formed weeks ago along with spot prices in XAUUSD
watch 4hr and day charts for moves to 1730-1767
Watch for moves outside the Fib ranges! Add to your Buy & Hold plans...
Wait for the low below the Kumo Cloud (Ichimoku) then buy for later today. Highs Monday GL! #buythedip
The GLD will follow a strong XAUUSD move up or a small retrace down if levels break. GOLD is behind where it should be given the amount of treasury money circulated Watch after hours for a move in London on Spot Then a GLD move in NYSE
The five minute Renko is clear this is a consolidation/accumulation move in Price. Renko Brinks are moved in price ONLY!