Major trend lines, channels, and support has been drawn. Two strong similarities have been identified in blue. This is the cusp of another large gold breakout.
Hi Grant, pretty cool work! Could I use your indicator? How did you get to such a good indicator?
GrantPeace
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@iSummer, Thanks, my life evolves around developing trading strategies. I will grant you temporary access.
Ayohan
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Hey Nice analysis, Just to clarify the blue signatures you have identified indicates breakout is happening, you are not saying we are testing the support line right?
Hi Grant - does it mean you are going to enter long from the current price?
GrantPeace
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@hungbui, Hi Hungbui, I am currently holding an in-the-money position and so will not increase my holdings on comex gold. However, I am purchasing some shares in companies that will benefit from the increase in gold price.
hungbui
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@GrantPeace, oh I see. Thanks for clarifying. I had also looked at your ASL share chart. It looks like a really good analysis. Thanks