I don't like this market too much. Maybe the Daily chart is more attractive but I don't know if my drawings are that good on the daily. Or maybe they take too long to manifest the future. :)
I tried this anyway and hopefully we will see something interesting in this scenario.
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Nice candlestick shadow at the arc.
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As good as it gets. Nice coincidences.
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This one is so good that I might make it public. I don't know why. Maybe because I never intended to draw on this market but I did it anyway for an interested follower. Thumbs up for him. Gold can be a tradable beast. Just like I am. I am just way more cheaper than this overbought commodity which should be at 7000 considering I am the creator of the Universe and I am considering destroying this species. :) Don't worry, I'll sleep on it. And usually what happens in the morning I am more calm and in the mood for sex. haha
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Yes, it is overbought because if I intend to destroy this species it might be worth 0. At the same time, if it's just Nuclear showdown and we survive, gold might be worth 7000 in the future. Who knows? I am not good at fundamentals. I just dream and draw. And I like paradoxes.
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Extended blue curve. Nice coincidence.
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Beyond Technical Analysis

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