Weekly %r is pretty much maxed out on #gold $GLD $GC_F

Aktualisiert
Looking for short entries
Other considerations also taken in to account prior to execution.
Anmerkung
Here is the counter argument that it is gonna just rip to fib extensions and volume resistance: Snapshot
Anmerkung
And here is the monthly view where the volume resistance lines up nicely with those fib extensions: Snapshot
Anmerkung
Short side hasn't triggered and it keeps jamming higher.
Long trade targe 3 at 1560-1570 clearly coming in to sight.
Anmerkung
Finally cooling off today with a big dump as CL_F USO #oil gets it's bounce along with the equity markets SPY QQQ DIA
Anmerkung
What a great spot for a bounce

Daily 10ema
Snapshot

And the 200ma on H1
Snapshot
Trade ist aktiv
Took a while to work out but worked out nicely.
Now commercial are the shortest they have ever been in history (read the COT report!)
Juicy
OscillatorsTrend Analysis

Auch am:

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