Gold 1884 retest
Looking at the Daily Chart of Gold, I noticed several bullish sentiments..
1) AD & Stoch RSI both bottom at same level
2) Oversold level w/ a hidden bullish Bat
3) 3x bottom set up, near the retrace of B leg
4) Hidden bullish AB-CD pattern
I'm also seeing weakness in the 2x gold bear etf
DUST
I will illustrate all of this in my Technical analysis
Not trading or investment advice
1) AD & Stoch RSI both bottom at same level
2) Oversold level w/ a hidden bullish Bat
3) 3x bottom set up, near the retrace of B leg
4) Hidden bullish AB-CD pattern
I'm also seeing weakness in the 2x gold bear etf
DUSTI will illustrate all of this in my Technical analysis
Not trading or investment advice
Note
Daily Chart, Stoch RSI is below the clouds= Bullish Note
DUST Gold 2x bear etf is showing weakness Note
Note
see the bullish ab-cd set up Note
AD & Stoch RSI both have bottom on the daily chart Note
shorting the gold 2x bear etf via puts, big pop loading on golds daily Note
looking for bullish continuation until invalidation (1min, will carry over to higher time frames) Note
Note
3min chart of DUST Gold 2x bear etf... notice the bear flag on the 3min chart forming for dust... this will carry over to the higher time frames til invalidation Note
2nd bear flag on DUST 2x gold bear etf, likely forming on 30min chart Note
stealth bull flag on 5min Note
AD showing an ascending triangle Note
now same chart overlapping price action. ascending triangle points to 1834 Note
if you're still bearish on gold, you need DUST to regain HOD.. there's no other way around it Note
stealth bull flag on gold 15min chart Note
and here is the chart of the bull flag breakout Note
Note
bullish close for goldNote
im also bearish on the 10yr treasury, a decline in yield is bullish for commodities & equities 
Note
triple bottom on 30min Note
Note
usd tumbling this morning as anticipated Note
looking for 1830 gold Note
but I can also see gold going higher on the daily Trade closed manually
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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.
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.