GOLD's Diamond Top formation
Back in 2000 everyone rushed into gold, price $260 the ideal hedge against a stock market crash 2000-2003, true BEAR market.
Since then it has inflated to $2500, not priced as an ideal hedge anymore... Trades mor elike the Other indices SPY, QQQ, etc.
If you study this you can ignore all the prices obscured my the PP Indicator, just look at the ideal buy and sell levels, S5 and R5
To be continued... later I will show elliot waves, and potential profits if you had bought & sold the 'ideal levels'.
Since then it has inflated to $2500, not priced as an ideal hedge anymore... Trades mor elike the Other indices SPY, QQQ, etc.
If you study this you can ignore all the prices obscured my the PP Indicator, just look at the ideal buy and sell levels, S5 and R5
To be continued... later I will show elliot waves, and potential profits if you had bought & sold the 'ideal levels'.
Note
amazon.com/Big-Short-Christian-Bale/dp/B01996A6AE/
WATCH & LEARN
Please check out Kauai Dave Pivot Traders on youtube. youtube.com/channel/UCNpY7S_s1cxw0cer4PyEEMQ
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