Gold has decoupled from currency EURUSD/DXY. Bull flag been forming for weeks and great consolidation for breakout not top going short. Enough time in IC cycle for a great move is possible. Not sure at which point miners will accelerate to catch up but I am sure after 1370 we will see that confirmed
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We had a touchback of a resistance in middle of this bull flag
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so we wait for the break out of the pendent cross the blue line. I also believe as soon as we cross 1370 the miners will accelerate with the frustrating lagging its had
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Could this be the penent break?
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We have broken top of pennant going for bull flag top
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RSI on weekly turning up and the bull flag top is hit. Volume on weekly bullflag has comparisons to 2016 initial drive. I believe we in right translated cycle of IC. we should hit 1370 then pullback with acceleration to new highs
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Important to know Gold is tracking key MA on weekly which highlight the plan the banks use. see flow in key MA's
invst.ly/74ztm
invst.ly/74ztm
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Top of bear flag broken!!!!!!!!!!!
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Sorry hit!!! need to see if close is sustained above
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The move is taking acceleration, breaking trend line again for the BIG move breaking surely the 3 year resistance
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We have cept above the bull flag on weekly, we are going to break 2016 resistance is still on the cards
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We have a cup form and very bullish wicks
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See volume on wicks and price action daily
