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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 689.230.0%Jan 23 4:00 PM EST

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Winfastorlose
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To: Winfastorlose who wrote (127015)6/25/2019 4:18:20 AM
From: GROUND ZERO™3 Recommendations  Read Replies (1) of 222393
 
It has been a beautiful run, no doubt... not to boast too much but I also have been long gold all the way up from 1270 but with a quick short at 1355 but then reversed again at 1355 within a day or so to ride this next move higher... those were my VP prices and they served me well...

Rather than guess or hope, I always prefer having the market itself tell me what it wants to do before I do anything... and as we know we've seen so many false upside breakouts in gold, but right now the long term daily chart is showing a beautifully completed rounded bottom which took more than 6 years to complete, it began in February, 2013 and is now completing in June, 2019...

Rounding bottoms and rounding tops are among the most reliable top and bottom chart patterns...

GZ
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