Posted by varmercur on 25th of Jun 2017 at 07:21 am
GC made a beautiful doji this week. Just below the downtrend
from 2011. A weekly close above 1275'ish would be very bullish.
Silver also looking interesting. It is possible that the
geopolitical stuff in the Middle East could be a driver. Or
continued USD weakness. Oil might also have bottomed in the
daily/weekly timeframe - though we need proof there as
well.
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Textbook doji in GC weekly
Posted by varmercur on 25th of Jun 2017 at 07:21 am
GC made a beautiful doji this week. Just below the downtrend from 2011. A weekly close above 1275'ish would be very bullish. Silver also looking interesting. It is possible that the geopolitical stuff in the Middle East could be a driver. Or continued USD weakness. Oil might also have bottomed in the daily/weekly timeframe - though we need proof there as well.