Man accused of selling bleach as COVID cure extradited to US
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Thursday, July 28th 2022
File Photo: This 2020 electron microscope image made available by the Centers for Disease Control and Prevention shows SARS-CoV-2 virus particles which cause COVID-19. Nearly two years...
How exactly is Overnight wrong?
HH's and HL's for a couple of weeks means a 7 month, almost 8 months, downtrend is over?
Note: I have no current viewpoint either way. But this week will probably settle the question - over or not.
Updated as of yesterday evening. And zoomed out to show current short term. Zooming back out would show we have a looong (trillions and trillions) way to go.
Yes fear and uncertainty. Now sometimes that means inflation, sometimes not. It is just not automatic that if inflation goes higher Gold will as well.
IMO there are just too many variables to make sense of fundamentals, except in hindsight.
You're looking on the wrong websites for currency info. Try this one (no affiliation or endorsement whatsoever):
https://www.dailyfx.com/
Google for others.
Uncertainty causes Gold to rise, not inflation by itself only.
But nothing uncertain about support turning to resistance:-
Although I think there is a good chance new highs are made above resistance up to 1800.xx area
Don't you mean 10:30am, anyway here is what I didn't include in previous chart pic to keep it from being too busy - TD Seq Sell13, then the flip side TD Seq Buy13 signals.
There are not scaled together so how can you tell they look different. A 5 minute chart has twelve times as many bars as a 1 hour chart.
Regardless Stoch or any other indicator will most of the time be different looking on different timeframes. It is when they "line-up" that you pay attention.
Yup impossible .... on a one minute chart .... yesterday's eMini RTH low ( 3994.50 ) to the tick if you round down. Impossibly possible 1 min, 1 day etc if one puts in the work, the correct work.
Admittedly funnymentals are not my thing but I'd said John Murphy's books (Intermarket Analysis is one) are what I would look into. Also Murray Ruggiero.