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Strategies & Market Trends : Wolfgangrene's charts
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From: wolfgangrene3/23/2016 9:35:09 AM
1 Recommendation

Recommended By
Oldbasalt

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Gold hit under the channel bottom on this chart overnight.
As the MUX board becomes a political board, which I can see happening now, I'm limiting my posts to this board.
(I'm very political, but never mix politics with financial postings. It rots and skews what should be non emotional math based viewpoints and makes enemies of posters who otherwise would work together, cooperatively trying to make money)

I see gold as rolling down, probably holding the rising channel bottom during trading hours. Worst case scenario, retesting the previous channel top around 1204 area. Just my opinion.
I sold nearly all MUX at 2.01.
Will buy back at 1.22 what I sold. Maybe add a bit at 1.50 on the way down.

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