Friday, May 17, 2019 8:44:20 AM
Good ol' USA comin' in hot, per usual. NOTHING in real life matters to this trade anymore, nothing. It's simply an algo driven downward push...over-and-over again.
I will also add...barring an epic intraday turnaround to close up over 10 points (and above this line)...Gold will show a failed BO attempt on the weekly with techs pointing downward. That hints at a mega-slam next week IMO...
EDIT: added lower line, which would seemingly lineup with a slam/test of the 50 MA next week.
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