XJO, Gold, MOY and others, page-570

XJO daily chart - momentum to the upside has wanned. RSI has levelled off in a range. Directional index has remained negative even through the failed rallies that we have had over the past weeks. it tried to rally but the momentum of the rallies have been weaker and weaker. trading on Friday hit the right fib retracements levels I was off by 4 or 5 points. it feels ready for a move down. this is only my view of course. there are many other valid views. at the very best in my view we dance along this range at this support level but ultimately we are going down.