(Haguro Method - Weekly Chart #2 Candle/Line)
With a nice bounce in POG last week from $1200 to $1228, BLK pushed higher and ended the week at .57 up 3.64%. If the POG pushes higher this week towards $1250 there is good scope for gains in the SP.
Line 2 shows the Body midway between the High and the Low Price set.
Line 2 appears at the outset of a rise in the market after a fall in prices. An opening SP above the “midpoint” in this weeks SP should occur.
There is excellent Short Term and Long Term Buyer depth in place.
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