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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: codfish23 who wrote (96714)	9/11/2017 4:55:57 PM
From: codfish23	Respond to of 220819

I'm always cautious when they close it on top tick

To: codfish23 who wrote (96714)	9/11/2017 5:09:00 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 220819

Yeah, it is a compelling picture... I actually posted the same chart for the GLD weekly on either Friday or Saturday, I think on Friday... and we traded through a key VP today for that market... so, if gold is going to move significantly, then today would still be very early in the move... also, compare the short Yen chart with the gold chart, they look EXACTLY like identical twins, I mean tick for tick exactly, and the short Yen ETF is showing a bullish pennant pattern, so that would therefore suggest a weakness in gold is likely imminent and more than a one day affair... GZ