MaeTheMultiplier

MaeTheMultiplier

I have a long bias, but based on the last 3 days ( Especially the SUPER side ways miners :'( ), I want to see a true extreme either way before I go all in. The chart basically speaks for itself but if you look at the dollar it looks like it's doing the same thing it did between 2-7 and 2-13 and could make another high before going down again. In my prediction that...

MaeTheMultiplier

Taking profit now, loading up when the shorts get exhausted. If it forms a double top, it might drop farther than graphed, but so far nothing has signaled that and everything seems strong. RSI has topped though so selling the strength for now. It dropped from 1 to .786 and I expect it again at least before we continue on the bullish path.

MaeTheMultiplier Updated 

It seems we have a flattening curve, steeper rallies and shorter, smaller declines. Can the bulls get control?! Next time on XAUUSD.

MaeTheMultiplier Updated 

RSI hit 60 on a death candle stick of -6 from top intraday. Last time it hit 60 it dropped from there, and the death candlestick supports that Bullish bat may be forming along top trendline, waiting for .618 retracement before possibly going long into earnings. If it drops below the .618 before earnings will probably rethink.