Yesterday I was watching "Fight Club". They had that project, "Project Mayhem". It seems to be an ongoing project in the precious metals at the moment. Nasty, nasty.. Until yesterday I had an "up" bias, but now it seems that I can use full power on my short positions.
It looks like we are looking at the same fork (I drew it on H4). The lower quartile is holding now around 1492, lower parallel gives support ~1473. If the support fails, well, it would be time to draw a 1st warning line ~1434.
DislikedI found a fork I had drawn on the daily. Lower parallel would line up around 1475 if price got down to it. Seems likely although 1490 has rejected price twice on the 1H chart right now.Ignored
"The reason I was born and came into the world is to testify to the truth."