Weekly Charting - 9th February 2018, page-15

  1. 825 Posts.
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    Hi Mirren, not wrong, should be a cracker of a week for entertainment value, as for making money, different story, lol.

    @Jako8557 i honestly can't thank you enough for what you share on here, it's like the candle that lights a thousand other candles, really need to buy you a beer one day!

    Had family around for most of the weekend so havnt had much time to share my thoughts here but @Beany72, sterling job mate, every week, simple and to the point, gives me something to aspire to, becoming more consistent.

    I've given the $US/DXY a good going over as I think it's going to play a big part in what's taking place, looking like Distribution on multiple fronts, almost an ideal Short, my only caution was the recent high volume day as Stopping Volume, I'd like to see this challenged with strength to the downside, I've included my charts with some commentary below.
    If this is confirmed as Distribution, will this play out as a typical inverse relationship Bullish for Gold?
    Also check out the Fractals on the Monthly, amazing!
    Cheers


    Last edited by Hold Fast: 11/02/18
 
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