If the lower dip line on the weekly channel is sacrificed and held below for several days, we will have some decent damage inflicted on the technical side.
However, this channel can be reconfigured with other upward trend lines.
Hell it could even dip out, as it did north when we hit the 1900's - south and come back in.
Don't follow EW but would enjoy seeing a chart.
However, this channel can be reconfigured with other upward trend lines.
Hell it could even dip out, as it did north when we hit the 1900's - south and come back in.
Don't follow EW but would enjoy seeing a chart.
DislikedMe neither, but then further down - waves 4 and 5 to complete C. Once done all clear to resume uptrend.
add: might actually see as much as $60 pop to $1620 range.Ignored
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News