Black chart is XAUUSD -Notice the two green boxes. It is my assertion that this is a trend change in the miners. Wait for the bounce and load up short.
Comment:
This move is identical to last time so far. The miners bounced past the .68 fib in the past, however they are weaker this time so don't expect much past the .5
Dollar strength is returning on all fronts. Looks like early next week will be cool off days so that plays into this move well, but miners are bearish at the top of this
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This move is identical to last time so far. The miners bounced past the .68 fib in the past, however they are weaker this time so don't expect much past the .5
Dollar strength is returning on all fronts. Looks like early next week will be cool off days so that plays into this move well, but miners are bearish at the top of this