IVO (INFINITE VOLUME OSCILLATOR) IS PRETTY SURE BOTTOM IS IN.
Notes:
1. on left side is spot gold in March this year, right side is status quo
2. this is my proprietary volume indicator, it is saying we have bottomed
3. it is the black/blue/red "w" or volume double bottom
4. in this case (now) the gray wave is still positive, likely to remain positive
5. so? 1825-1830 next by 07/08
6. then zig zag for next 4 weeks
7. based on this, the B and C boxes in #005 PART 1, is likely accurate after all
8. silver likely has bottomed as well (is stronger for last several days vs gold relatively)
Notes:
1. on left side is spot gold in March this year, right side is status quo
2. this is my proprietary volume indicator, it is saying we have bottomed
3. it is the black/blue/red "w" or volume double bottom
4. in this case (now) the gray wave is still positive, likely to remain positive
5. so? 1825-1830 next by 07/08
6. then zig zag for next 4 weeks
7. based on this, the B and C boxes in #005 PART 1, is likely accurate after all
8. silver likely has bottomed as well (is stronger for last several days vs gold relatively)
Note
9. I forgot to say that since the gray way is still positive, and we are bouncing from a higher volume position, the retrace after 7/9 to 7/25 for so will very likely be higher and not as deep.10. this bodes well for our long gold and silver AUG-SEPTEMBER TRADES
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.