Strength in gold

3 באוג׳ 2018

Yen, Bonds, Metals all getting along today for once. Camarilla range fully explored. GLD SLV GDX GDXJ

3 באוג׳ 2018

הערה

Whenever you see a range explored between the CAM S3 and R3 pivots on ANY time frame, the general move after is a mean reversion to the previous period's close, which in this case is the 2017 close.

3 באוג׳ 2018

הערה

The circled pivots above are Camarilla Year S3 and R3. XAUEUR completely pinned (for now) between them.

15 באוג׳ 2018

הערה

Major give back in the last 48 hours.

16 באוג׳ 2018

הערה

The entire price history after topping out near Year CAM R3 looks like a pretty good bearish impulse wave.