Check out this chart from StockCharts.com for $GOLD
RSI = L1 Grid Frenzy (overbought)
Price = L1 Grid Solitude (oversold) L2Frenzy (overbought)
MFI = L1 Grid Frenzy (overbought)
Stochastic RSI = L1 Grid Frenzy (overbought)
Analysis -
establishing a trading range, in a real market this asset would be
flying upwards (opinion) configuration is in the process of
transitioning to a bullish stance,Wave 1 of Cycle completed A-B-C to follow?
Conclusion -
rising gold price reflects a loss of faith in government and fiat
money, falling gold prices reflect renewed faith in U.S.D. and Missiles!
Action- Buy Dollar Average accumulate trailing stop
RSI = L1 Grid Frenzy (overbought)
Price = L1 Grid Solitude (oversold) L2Frenzy (overbought)
MFI = L1 Grid Frenzy (overbought)
Stochastic RSI = L1 Grid Frenzy (overbought)
Analysis -
establishing a trading range, in a real market this asset would be
flying upwards (opinion) configuration is in the process of
transitioning to a bullish stance,Wave 1 of Cycle completed A-B-C to follow?
Conclusion -
rising gold price reflects a loss of faith in government and fiat
money, falling gold prices reflect renewed faith in U.S.D. and Missiles!
Action- Buy Dollar Average accumulate trailing stop
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