gold trend geometry

Observing the Intersection of trend lines and historic supports, and whether these are places we may see a pivot in the market.

評論:

Slowly building a position in GLD. I will expect a significant upside once we break above 1500. Holding, as this position hedges against stock positions.

評論:

Past 1500 and entering the launchpad.

評論:

We are very clearly in the launchpad now. Longing as we break above the downward trend line should be relatively safe, so I plan to ladder more entries there as my prior long position holds.

評論:

Watching 1561. If we impulse off of it instead of rejecting, I will be making some more entries to my long.

評論:

Look at the impulse. Right as prescribed

評論:

Ill likely add more to this when 1640 breaks

評論:

With stocks correcting I've added significantly to this position.

評論:

See related gold ideas, continuing to ladder into gold and silver.