I think its time to go long on Kiwi Cad .. watcha think?
I think its time to go long USD/CAD ... almost hitting the 1.618 at which point I think its going to turn around and go north for a while.
This look like a chart that's ready to see this currency pair take off!!! What do you think?
For those who saw me publish on Gold yesterday (short) turns out this was not a head and shoulders pattern and the trend reversal to the downside did not happen but rather XAU had a different plan and went long rather than short...dang it ya win some you lose some ;-)
Is there any doubt which direction the US dollar is going? You gotta know with the addition of $1.9 trillion new $$$$ that the money supply has to be out of whack with demand.
Appears that Gold and Silver are on the right shoulder of a head and shoulders pattern indicating a trend reversal down down down ...
Well I am going short on Gold against the fundamentals because I think I am seeing a lop-sided head and shoulders pattern on the chart... will see in the morning!!
Do You think this is a head & Shoulder Patter for XAU on the 1 hour chart which can be seen on the 4 hour chart as well.... if it is gold is going to turn around and head south?
To me its a 50:50 chance of UP or DOWN?! Thought welcome!!
Please tell me what you think? I think its a 50:50 chance of both at this point?