Saturday, January 11, 2014 8:47:28 PM
It may be time for GOLD to make a move?
(not sure if the chart above will update)
A double bottom has printed on the weekly with TRIXh and MACD EMA divergences.
The daily's MACD was divergent at the recent low and suggested an up trend towards the trend line.
I'll be watching for a trend line break followed by a consolidation area to form a 2B Dragon "Head".
1st target the "Hump" then eventually on up to the Top-of-Tail...
(not sure if the chart above will update)
A double bottom has printed on the weekly with TRIXh and MACD EMA divergences.
The daily's MACD was divergent at the recent low and suggested an up trend towards the trend line.
I'll be watching for a trend line break followed by a consolidation area to form a 2B Dragon "Head".
1st target the "Hump" then eventually on up to the Top-of-Tail...
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