Day traders' weekend lounge February 19 - 21, page-72

  1. 12,276 Posts.
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    https://hotcopper.com.au/data/attachments/2927/2927828-646ff0cd16e7a1cb1054691410f457bb.jpg
    Good you asked -
    I was thinking about the chart - and the one thing that is a bit off is the DXY is pulling back but anyway focusing on the Gold chart
    sort of double bottom now - I was thinking it might do a silly move to the downside - however - the last time it did that was when covid hit - so really no need for panic - unless someone can see something I am not seeing - -
    Gold usually gets very tested and pulls back hard so- ok - I put the lines where they made sense - cause really the chart is choppy and ambiguous at best - it has actually bounced for now a bit - lets just see - all the gold stocks are pinching - might take a couple of months to play out the whole triangle just painful for goldies atm


 
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