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0.51% $1,391.7 gold futures

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  1. wombat53
    7,702 Posts.
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    26/09/16
    13:52
    Post #: 19422488
    "I am not into these patterns"
    Nor am I, to be honest...I was kind of fooling around to show how any pattern could be...."fabricated" to meet a punter's need.....
    I'm still waiting for trend line adherents here to accept or reject that XAUUSD has been in a downtrend since mid July (double top pin bars of 6 and 11 July, to be precise) - see Chart below
    Thanks
    P.S I'm currently researching the value of the indicator "moon /lunnar phases" as a potentially valuable astrological adjunct to my ongoing efforts at price prediction, as seen on the Chart below (the grey ovals)
    XAUUSD - DAILY
    Last edited by wombat53: 26/09/16
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    lightbulb Created with Sketch.  Great analysis
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