Saturday, August 19, 2017 11:16:04 AM
There is something pretty powerful about retesting a trend line 3 times. On the weekly gold chart, the orange line was tested 2 times, so a third one might be coming at some point. At this point I am not saying that gold can't go higher first, but at some point I think there will be a retest of that orange line. Also notice how often a trend line was broken and the price eventually came back down to test it. The last line to be broken was the purple one. Once again, sorry for the clutter. LOL
Daily JDST chart also getting close to a break.
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