gold: up or down ..?!

٢٤ أغسطس ٢٠١٧

i say it will go up... but be ready for otherwise ..

the momentum indicators speak of strong up trend , Elliot and the expected oil rise all points up .. but in a suspicious way

keep you sl tight
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see what i said to myself earlier

٢٤ أغسطس ٢٠١٧

ملاحظة

why i preferred the analysis that says the market will go up on that that says it will go down..?
- the momentum indicators influenced me.
- the saying that "the trend is your friend" influenced me .. so i favored to stay with "what has happened" (the uptrend) then to anticipate a reversal (that has no strong evident yet)

- so i stayed with the Dow theory , as i know it .. that the trend has inertia , and that the trend is in full force until proven otherwise.