A top has been confirmed, any rally/bounce is counter trend until resistance is broken.
Summary
Long term - on major buy signal.
Short term - on mixed signals.
Gold sector cycle is up.
Trend is down.
A counter trend bounce is in progress.
Gold •308 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 982.50 | -0.70 | -0.07% | |
WTI Crude •10 mins | 58.55 | +0.48 | +0.83% | |
Gasoline •11 mins | 2.040 | +0.012 | +0.61% | |
Ethanol •308 days | 2.161 | +0.000 | +0.00% | |
Silver •308 days | 30.82 | +1.16 | +3.92% |
Silver • 308 days | 30.82 | +1.16 | +3.92% | ||
Copper • 308 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 10 mins | 61.55 | +0.43 | +0.70% | ||
Natural Gas • 10 mins | 3.635 | +0.014 | +0.39% | ||
Heating Oil • 11 mins | 1.985 | +0.009 | +0.43% |
It’s a mistake to view…
Modern monetary theory has been…
An economic slowdown in many…
A top has been confirmed, any rally/bounce is counter trend until resistance is broken.
Summary
Long term - on major buy signal.
Short term - on mixed signals.
Gold sector cycle is up.
Trend is down.
A counter trend bounce is in progress.