Weekend Chart update Another update... Havn't changed lines... Although triangle failed (yellow)
Support (purple) held as expected limiting downside as described in last post...
Any one get scared and bail... If so, I suggest you pay closer attention to the charts...
OK... Now what... Well, we hit resistance (purple) and finished the
week right at the triangle extention (yellow)... Now we have to hold above that yellow line...
First target is 50 day MA (blue), then purple resistance... then...New high is in the cards if Gold cooporates...
Downside still protected by support at lower Purple line AND 200 Day MA (Red)
Cheers,
Cussy, the Windsurfer:)
https://chart.ly/edxjwoy