XUAUSD Next Stop 1905-1900 pls put trays in the upright positionYes these lines might cause you seizures do not look at them if you have or a family member has experienced or has a history of having them. I am going to post two charts one is something I just made. so simple. and another is my indicator. both say market wants to dump to 1900ish-1905. this chart a signal when the market basically burps or farts....lol sorry but you aren't suppose to see it. I see it because I made my indicator with my own formulas. I use that symbol's candle that it is referencing and I can draw channels leading from it above and below price action using other price action. This shows me where price will go if it breaks out one way or the other.
The other chart is an instant direction indicator which right now on a 15 min chart is showing both lines pointing down. the stronger the trend the straighter the lines and the closer together they are. you can switch down to a 1 min and see what the instant is.... if the red line is on top while moving up its a weak move... probably ignore that move. When green is on top its got alot more momentum to it. I normally add to my position when the red is on top and moving up. When it switches I start closing positions.
Right now the market isnt running full steam but when it is there chart I am using is set to move against gold when the market is running up or down. depending on different metrics. Its kind of smart. Once I get it dialed in It should tell me where gold will be headed to. There is a .30 cent difference in price between the two with the market closed. I can imagine on really huge volume days this can have a massive divergence and push this.
Thanks for taking the time to read. I love messing around with new things and this was fun.
Please Like, follow and of course boost...as its free. And it shows me that you appreciate or want to see more of this.
by iCantw84it
09.25.23
