CHARTS_CCI_SYSTEM

[dindindon]

Oil & Gold

completed one quick round of PUT option on COP
exciting days, heeeheehe

some material wrote last night (& posted in Traders-Talk) with morning Edit.

08/09/15 08:51:00 PM
from the following charts & re-post, dollar may have reached the strong resistance,

04/29/15 09:45:31 AM

U.S. Dollar: Evidence of Important Top
04/13 - 100.27 (100.27 < 100.78)

status:

- The inverse relationship between Gold price & USD index comes back
- The correlation Comes and Goes, no one knows when it ends for sure.
- Fed Gangs rate hike drama complicates the USD direction
- USD index is retesting the secondary high 100.27 observed on 04/13/15
-
- Gold prices is holding at its finest Precious Moments
- The Gold rally since 07/24 is in jeopardy if the following support zone is accessed & lost:
- 0.764 1104.5 1100.7
- 0.786 1102.1 1098.2
- EDIT: 0.786 support lost

Date___ High__ Low___
Nov 06 1109.70 1084.60 ongoing
Nov 05 1110.80 1102.20
Nov 04 1121.90 1106.70
Nov 03 1134.70 1114.20
Gold Futures - Dec 15 (GCZ5) http://www.investing.com/commodities/gold-historical-data

Jobs report crushes expectations, unemployment rate plunges to 7-year low
11/06/2015
http://www.businessinsider.com/october-job...ember-6-2015-11

- "Good" job report triggers USD up whopping $1.23, to test the late April high 100.23 (04/13/15)
- Therefore, Gold dives accordingly, the support is around 1074 - 1079

11/02/15 09:44:08 AM
A potential buy zones for NUGT
(1) 32.8 +/-
(2) 25.5-28.5

- It is getting closer to buy NUGT for a short term play, no signal yet, keep watching.

as of 14:48:31 GMT
US Dollar Index - Dec 15 (DXZ5)
99.32 +1.23 +1.26%
http://www.investing.com/quotes/us-dollar-...historical-data

as of 14:49:11 GMT
Gold Futures - Dec 15 (GCZ5)
1,087.10 -17.10 -1.55%
http://www.investing.com/commodities/gold-historical-data

Top USD, Bottom Gold, charted yesterday