GOLD 0.51% $1,391.7 gold futures

'timber', indeed. I'll indulge a few more charts. The first one...

  1. 982 Posts.
    lightbulb Created with Sketch. 25
    'timber', indeed.

    I'll indulge a few more charts.

    The first one is a weekly with COT data. From this, you'd expect a Pamplona event quite soon.



    The second serves the counter argument. The Rising Wedge pattern almost always resolves to the downside.



    Last night's candle was a red Spinning Top. The last time we got one of those (on the 7th) it resolved strongly UP the following Monday.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.