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TFC Commodity Trading Forum

Re: pms *PIC*
In Response To: Re: pms ()

Best to stay in neutral for now. A couple things. A high volume doji deserves respect and restraint. It may even require a test of the last horizontal range. And remember a flag tends to not be a longwinded affair. For bear flags, the trade is break of lower trendline. A market where lows are bought since everyone 'knows' gold will go to the moon, a comfortable trade. They get right back up after being speared, which creates the backdrop for the slaughter. Cycles are nice but much is lost in 'translation,' a crude tool. Wishing you well my friend. CO

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