I'm not a professional. This is a hobby for me. I am publishing these to keep a record of my thinking and to get constructive criticism. Take what I say with a pinch of salt please.
That said, we shouldn't see anything above 1220. That was where the bulls were defeated, on the highest volumes since the election.
In my view, the war is lost, if 1195 goes, then all the green volume from Jan and Feb turns to red volume in March....
Of course, much depends on the $. In fact, I wonder why I even bother looking at Gold. I'm going to go look at USD now. I will probably reach the same conclusions given they're so correlated right?
That said, we shouldn't see anything above 1220. That was where the bulls were defeated, on the highest volumes since the election.
In my view, the war is lost, if 1195 goes, then all the green volume from Jan and Feb turns to red volume in March....
Of course, much depends on the $. In fact, I wonder why I even bother looking at Gold. I'm going to go look at USD now. I will probably reach the same conclusions given they're so correlated right?
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:(
