MEGALO1

MEGALO1 Updated 

In my study of the Three Eyed Monster Gold Chart, the Red eye & the Blue eye Candle configuration looks perceptibly similar in candle patterns. Volumes waning and the Stoch/Rsi indicator indicanting selling is taking place just like i noted in my (The Red White & Blue Three Eyed Monster !!!) two hours past > This paragraph is my comments just before the streaming...

MEGALO1 Updated 

Gold's rising up on the back of the dollars demise, is not conducive to a strong bull leg up. There is evidence of this in my Three Eyed Gold Chart Golden Doom Volume is lack luster recent flat top of my Stoch /Rsi indicating some selling might be at hand ??? It was recent fundamental news that brought Gold up to fresh historical highs in the AM hours.The same...

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Glass ceiling Golden Dome is Shattered !! Volume i s selling off !!! Major negative divergence in the PM metals has developed it could be a bearish trend has developed ??? Gold is in a negative Bias state it has not developed a trend !!! I will keep you posted after i do my final analysis for the evening . :-)

MEGALO1 Updated 

Dxy fell precipitously this morning after the Report on the Economy ! It has since made is way back up some but no conformation signaling a uptrend . The Stoch / Rsi indicator should be able to tell when it or if it establishes a new uptrend or not .

MEGALO1 Updated 

I don't Know if Golds still headed down with bad Economic News of the Economy if it was baked in or what? One thing i do know For Sure is I'LL BE WATCHING !!!

MEGALO1

Gold price seems Quite content at this moment Hoovering over the 4hr Ma on my Gold chart . I guess time will tell ?

MEGALO1 Updated 

Snakey moves possibilities for today ??? or Sneaky ? Yeller Arrows Clues ! Watch the parabola closely for the next 4hrs for price action might be a discovery of Golds mother-load or a dry hole ??? :-)

MEGALO1 Updated 

golden88 pointed out the gold chart could be a double topper but warns against trading this pattern at your own risk ! I'm ThinKing it shows up on the 4hr. time-chart as well as 1hr. time scale that golden88 had constructed in his profile. I have been wearing my shorts & adding to them for over 3 weeks yonder i think its time for a change ??? :-)

MEGALO1

Just made a simple update on Gold's behavior Pre - FOMC no graphic's just plain vanilla ! :-) Used an hourly time frame cycle nothing etched in stone bullish or bearish but the morrow should reveal just a bit more.

MEGALO1

The feds distract-ment ! Monthly closing of market growing nigh ! Way to steep of the Golden move lots of things to think about ??? My rendition are Cartoonish Caricature of Golds price movements of the next 48 hrs. oh soo !!! :-)

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Classic Text book Cup-n-Handle Pattern presented and illustrated in a weekly time frame setting. 1) A nice rounded shaped cup indicating Consolidation. 2) Short handle was a good Indicator of a Strong Breakout with Extremely Bullish tendencies. 3) Coffee Joe had to Powerful Characteristics.

MEGALO1 Updated 

My chart is a depiction of Golds move and duration above trend since 1/2/2019 all year you might say !!! :-) Gold has resin above trend a total of five times and has failed to stay above trend longer than a 24 hr period give or take a couple of hours in mean average ??? This chart is set on 4hr. timescale and gives a enlighten Glimpse at gold in the 4hr....

MEGALO1 Updated 

Volume is auspiciously missing i see a signal but just can't hear it. Gold on hourly timescale on 1hr. time frame cycle .

MEGALO1 Updated 

Gold blew past the proverbial line in the sand headed toward possible rejection Zone ??? Sunday night 8:15 pm 7/26

MEGALO1 Updated 

There has Been lot's of chatter on the public media's about the (fed) announcing easy money once again here is my take on my Gold chart > :-) :-) ;-) Enjoy !!!

MEGALO1 Updated 

There are myriad of very notable points, in my Gold Chart Depiction!! i'll start out with a handful or soo !! Points:> 1st (yellow line) - The proverbial line in sand. 2nd (white line) - Basic support for Kachina Star Zone. 1st point (yl) being resistance. 3rd (angled white line) - New trend line . *** 4th (point on rocket) - Is $1922 - $1927 "for the high & low"...

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The proverbial line in the sand has not been breached ! So be Very Careful in over- leveraging in your over exuberance & excitement of Golds fantastical rise ??? Still there is a strong divergence in the miners going on & has been for quite some time ??? Do not overload with miners or mining Etf 's !!! :-) The yellow line i plotted on my Gold chart depicts ...

MEGALO1 Updated 

The Kachina star is in the resistance cycle plotted on my Gold chart !!! Can you See the Zone ???