It's a daily chart of gold, showing ~1800 candles, and a salty but effective indicator showing that gold should be on it's way down.
The chart you posted is the very far right of the chart I posted above.
gold seems a buy on the monthly chart
- Thread starter cvds16
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It's a daily chart of gold, showing ~1800 candles, and a salty but effective indicator showing that gold should be on it's way down.
The chart you posted is the very far right of the chart I posted above.
What are 1800 candles?
As for indicator it is meaningless to anyone else if they don't know what or how it works.
Lastly no idea what you mean by my chart is very far right of the chart you posted?
I'm surprised if I have to explain a candlestick chart on ET...
It's true that it's not so meaningful, but you must admit the drop is striking. Even more so if it does what I say it does.
My chart, is showing more data than the chart you posted. You have around the last 100 candlesticks, I have 1800 candles.
LOL I'm showing what matter. My gold charts go back decades. Recent support or resistance is more important than past sup/res.
Sorry I never had someone brag about how many candles they are showing before so I had no idea what the frick 1800 was.
As for doing what you said, it did but you mentioned it after the fact. But in anycase what good does it do for someone else who doesn't have "mysterious" indicator?
Have a good one.
Sure so do mine, wasn't trying to boast. You just seemed curious.
Oh it means that it should go a lot lower than now.
You too
That was my same outlook. If this recent downwave takes out the 1740 area, OP's long call could be in trouble.
Looks like it didn't work out that way, what with GC pushing 1830.