RED - CHART, page-65

I thought I'd come back to the chart thread. It's been a while since I've posted here, I've traded and reloaded since my last posts.
I'm a little bit torn on my strategy atm, I plan on selling a portion at a higher price but I'm having mixed feelings on my target now...

Anyhoo... To the charts!
Gold $US:
The 0.618fib line has been broken through, a pretty strong sign in my eyes, the next line is around $1970, there are a few resistance points around the $1960 mark and above
It has moved to a pretty significant resistance point here at $1920 sitting at the ATH of 2011, a move further north from here would be promising, with a bit of luck, into a new ATH...

The reversal from the triple bottom and support at the 20sma has been extremely encouraging, the golden cross has now been put on the board

On a daily chart I often like to see the second golden cross as the strong signal but often the retrace begins before the first cross actually happens... The other thoughts that complicate things are extremely unusual times we are currently living through and what that means for different sectors of the market. We are faced with issues in the economies, politics, conflicts, population, climate, the actual color of green, corruption, misinformation, poverty, wealth... an absolute plethora of factors!


RED 5:
RED has had a nice bounce from its SPP price, still sitting below the 0.382fib line and the 200sma. The market seemingly is waiting for some positive confirmation, hopefully to arrive soon... Lots of games going on with caps on price, there are two ways to read into it, hindsight will be the proof

Another look at the RED/GOLD charts show hindsight from the previous SPP and the lag that RED experienced
RED - red
$US - gold
$AU - green

We shall see... GLAH