XSO 0.14% 2,972.9 s&p/asx small ordinaries

Gold commentary 1 hr and 4 hr charts (and a sneaky peak at the...

  1. 4,221 Posts.
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    Gold commentary 1 hr and 4 hr charts (and a sneaky peak at the 10 minutes every now and again)
    -4 month desc wedge (lovely lower T/L)
    -little lower t/l breach ... forming a sort of "spring" (pinched that term from VSA)
    - couple day upslanting wedge right up to top of desc wedge where it resisted and broke down
    -broke down BUT DID NOT FOLLOW through and formed a little bull flag .... GJ long .... Lovely R/R
    -zoomed top line of desc wedge at 10pm (AEST) last night (should have added) .... confirmed with US open @ 11;300pm
    -woke O/N to "lack of follow through - initiated TAS (tight arse stops)
    - Stopped out and of course its now fored a secondary bull flag.

    Now its "free to fly" according to this little story.
    cheers g
 
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