Saturday, December 31, 2016

XAU looks to be headed for a March High

This chart projected the low in Dec. last summer and was posted below back then as well as on gold and resources forum. I originally thought Nov. would be the low but upon closer inspection the Dec. low does work on the chart, the chart is now projecting March for the next high and other measures including trendlines on the price chart and money flow oscillators are showing we have most likely seen the low for now, what happens after March will be another story.

1 comment:

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