I cleaned up my gold chart so i can (KISS) ? The red candle and that old yeller arrow still hold key potential triggering points on my charts. Even through Tuesday'S candle is red bearish like i suggested or forcasted it might be with high probability from the weekend chart i created and comments and chart analysis i made yesterday as well. iT is still in the realm of going higher today on my daily time-frame analysis? Quite possible for the price action totrigger the red arrow point for hop skip and slip at the old yeller price point ??
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Comment: I've been reviewing all time-frames and timescales on my Gold chart that might be applicable and or revealing on possible trades for gold that might shed some clarity on present scenario of Golds pricing. This is what i found for the last 45 trading hours, gold spent a 26hr cavitating or consolidating then went to fresh 3 day lows back up fresh new 4 day highs $10 higher then before for 19hrs of cavitating that is where it is now. If these simplistic patterns hold true the next pattern that follows has an negative downward of less say 2 days ??? reposted from yesterday!
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Comment: Comment: Patient is the Cardinal Virtue when it comes to Gold trading !!!
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: If one was to simply reexamine Golds price action on a weekly timescale using Japanese candles , one should come to immediate conclusion that gold price action is on borrowed time Giving that there was a severe technical violation of the weekly candle stick studies on the weeks of 7/1 & 7/8 > ???
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1st target hit wick breach; 2nd target yet $1776 red arrow trigger point ! 3rd target Yellow arrow ??? Expulsion Propulsion Velocity are key to Golds price travels in the near term future !!
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Last 4 posted comments or repost of previous ideas and comments !
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Does Gold have enough momentum to use one of Leonardo's devices to catapult it's flaming red arrow to ground zero ??? Up in over the blue wall of resistance ??? The 7hr fortification's has been attacked still holding at present sir ??? Oh yes sire the Leonardo i speak of is not Fib. ???
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7hr. fortifications barrier has been breach sire!!! ???
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Sire upper hourly Canal Channel has been wicked; Viceroy, Is this just a shooting Star or is it a surreal event ???
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Trigger point has been breached sire !!
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Perhaps banana COVERed arrow is like a slip-n-slide peal of resistance ???
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All major metals or in over bought territory smart moneys sells here or wears their PPE ???
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From this time hence all future communications will be heavily guarded with subversive codes and charting with (KISS) incorporated. The enemy is more cunning then i calculated >:-)
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When i clean my charts of clutter, that does not mean what i do remove is not valuable or still in play to speak. Just trying to make it easier to see, do not make a move until you see it. :-)
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