Jr1 you are very accurate with levels.

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A word of advice to really understand the charts one needs to move away from formulas, and rather draw points. Otherwise one gets a one dimensional view of what is really happening.

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What’s interesting about the charts is how all the different time frames display the picture on the wall of price. All working together to produce a wonderful finale.

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What is your main crop?

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Thanks digger1. Enjoy your day, hard work is good for the soul.

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image Next level of support/resistance. Level will determine where price goes.

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Can you tell me where to close your runner Jakubot? And why?

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One needs an art degree to start drawing lines.

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Yes you right views mean nothing, it’s about following price.

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My personal view on gold an opinion Gold will continue moving up to 2680, then retrace. Safe to buy gold long term at any price after the retracement.

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Just took my son job shadowing he wants to study computer science at the end of next year. Children growing up too quickly.

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image

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Jr I’m understanding the process better, still not understanding how to draw the purple lines.

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One should be buying rather than selling. Ask Jr

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2660 adding to shorts on pull back

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image Long at 2649 depending how price reacts.

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image Longbto upper red line 2664 and then short

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image

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2545 is the level of true balance

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Digger 1 when I speak about downwards momentum, I mean that price is at the extreme of its range on the outer limits of its box. Meaning that going short poses limited risks

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