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Saturday, April 26, 2014

Gold

During the week I posted on Twitter
that Gold and Silver had a "pair of tweezers"
candlestick pattern,which is a Bottoming
 pattern.I did not change the chart, only
on Friday to see the chart had changed.

It did not have the pattern anymore. It
does have a Buy signal on the Bollinger
Bands as well as a test of the Fib level
on the I-cloud. my-my, Does the Bollinger
bands work with the cloud?  Sure it does.

There are quite a few methods that 'work together'
.It pays to "Find" the method that is working
with what ever your Trading In or investing In.
Don't be the one whom uses the same Ole' Simple
moving averages all the time on everything.


When Gold breaks above the previous high
It's a confirmed Buy signal. The daily&
intra-day harmonic wave already triggered
 an early buy signal,and there's divergences
 across several time frames. No need to panic
 There's a lot more coming,so it's prudent to wait
for the close above the previous high.
GL
click to enlarge

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