Here are 32 charts of gold mini size futures (YG), a 30 min chart (remember I don't have enough evidence to take a long term stance on Gold) and the 1 min chart (however I do see positive charts that look like gold could see a decent bounce from here).
30 min futures have a leading positive divergence now.
As do the 1 min futures as gold is in a VERY tight triangle, it should break one way or the other very soon and I'm on the long side of that break.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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