razerone

razerone

At the moment, gold and the DXY are moving in opposite directions. The quick reversal in gold today doesn't negate the fact that the prevailing short and medium term trends and ABCD patterns point up for gold and down for the DXY. Thoughts welcome. Not trading advice.

razerone

Looks like the XABCD pattern didn't play out. It's looking more like a head-and-shoulders pattern. Thoughts and feedback welcome.

razerone

From my perspective, SUMO is at support (50% of the entire move up) and showing an XABCD pattern. If this is correct, SUMO could go to about $28.50. Thoughts and feedback welcome.