Finally broke a major trendline & needs to retest. It's currently retesting after hitting resistance on a new trendline. Paired with the confluence of the -78.6, we can see this is a perfect pullback/restest to the major trendline that was broke. We should see a push to TP1 (37.2 cents) & TP2 around (40.7 cents) before the next pullback
WEEKLY - hidden BULLISH DIVERGENCE with the OBV DAILY - hidden BULLISH DIVERGENCE with the OBV 4h - Regular BULLISH DIVERGENCE with the OBV 3 confirmations & expect a climb from gold up, up & away
Price made a higher low, but the OBV didn't, and it made a Lower Low. It's up from here. Weeeeee
Based on a new strategy, testing more strategy on the right side volume. The right red line is the highest point based on this daily chart. Currently, it's the 2nd highest volume, it'll be pushed to the largest amount of volume. I'm viewing this on a daily chart with only viewing the past 2 months of candles pulling the side volume. We will be refining this...
heading south to the green box strictly based off sideways volume. Testing a new strategy. We'll see how this plays out
a W is created on the Weekley & tapped the trendline perfectly.