I don't trade candles but P&F shows up megaphone patterns very...

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    I don't trade candles but P&F shows up megaphone patterns very clearly.
    The USD. Anyone want a guess at direction and value?
    My first estimate is 92.5
    Could double bottom but would not bet on it.
    .
    .https://hotcopper.com.au/data/attachments/7069/7069456-a460232da123a8feb7f74d808df40f65.jpg
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    The Aussie gold price. Looks like a catapult move to me.
    Setting a new target. Should be a good one but way above trend so I still expect consolidation in the future.
    .
    https://hotcopper.com.au/data/attachments/7069/7069458-9d150703b6fb4171a83f743f80b12d60.jpg
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    XGD has a nice move off a double bottom.
    This is my short term chart. Longer term shows a good solid rise and nowhere near extended.
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    https://hotcopper.com.au/data/attachments/7069/7069460-e3d595ee3aa034cd2902b76a73950d5a.jpg
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    Sentiment is the odd one out.
    Selling into strong gold price and EOFY?
    .
    https://hotcopper.com.au/data/attachments/7069/7069462-b26f1f2d6debba39cb312ef9eadf9f24.jpg
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    Relative market strength for the sector agrees with the XGD.
    Typically identifies juniors as a place to be - with caution.
    .
    https://hotcopper.com.au/data/attachments/7069/7069464-58b7192d8e1afccc1cae414e0ab0f146.jpg
    .
    Monday will be very interesting.
 
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