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UncleJingles
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Waiting for correcting phase to end before long
XAUUSD
, 1D
XAUUSD: Waiting for correcting phase to end before long
Updated 

Healthy correction phase in gold after a long rally. Want to see C phase to establish itself on Fib 38% before long. Will wait and see if 1400 holds and if we will see a positive divergence in both RSI and volume.

Long Silver - Looking for bulls to take over
SI1!
, 1DLong
SI1!: Long Silver - Looking for bulls to take over

Strong weekly momentum remains with positive divergence on MACD and RSI. We closed close to wave 1 head without breaking and I'm now looking for stronger momentum over the next couple of days. Important to note is the upcoming FED events today and tomorrow which could flip anything on its head. A cross in MACD daily would provide another positive signal.

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