That Gold chart Big Picture chart is from clivemaund.com. He is
as wrong almost as often as he is right. Steve and Matt seem to
think Gold will break out at some point this year and I agree
although impossible to know exactly when and if the breakout will
be a true one or a false breakout. Best to wait for price action to
confirm things. This week may be rough for Gold with China closed
for the New Year holiday as in the past whenever China is closed
Gold has a habit of getting hit.
Gold (Big Picture)
Posted by goldnice on 19th of Feb 2018 at 12:40 pm
Gold (Big Picture)
That Gold chart Big Picture
Posted by victorh on 19th of Feb 2018 at 01:40 pm
That Gold chart Big Picture chart is from clivemaund.com. He is as wrong almost as often as he is right. Steve and Matt seem to think Gold will break out at some point this year and I agree although impossible to know exactly when and if the breakout will be a true one or a false breakout. Best to wait for price action to confirm things. This week may be rough for Gold with China closed for the New Year holiday as in the past whenever China is closed Gold has a habit of getting hit.
Gold moves so fast when
Posted by disciple33 on 20th of Feb 2018 at 12:43 am
Gold moves so fast when it moves that waiting for confirmation often means chasing (or missing) a move.