GC - GOLD appears to be following Indices
With the DX looking at a potential breakout on Overbought conditions, this appears to be shades
of 2008 May Timeframe.
A period where, against all odds then, Gold collapsed, seeing a similar pattern for GC now.
Silver appears to be leading the way as Gold in almost every Currency is breaking out.
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Daily Gaps below, a MACD that illustrates deep divergences.
A break of 1850 on volume will provide a better indication.
of 2008 May Timeframe.
A period where, against all odds then, Gold collapsed, seeing a similar pattern for GC now.
Silver appears to be leading the way as Gold in almost every Currency is breaking out.
______________________________________________________________________________________
Daily Gaps below, a MACD that illustrates deep divergences.
A break of 1850 on volume will provide a better indication.
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