Dollar And Gold - Simultaneous Huge Moves Approaching

in steemsilvergold •  7 years ago 

With the dollar sitting on a multi year support/resistance line, and gold simultaneously trying to push through one, we’re on the verge of a simultaneous resolution which may well be explosive in nature. The third chart below shows two of the indicators for gold (I needed to maximise the size of the gold chart to show everything properly). The balance of evidence suggests a dollar breakDOWN and a gold breatOUT is underway. As I’ve said before, a dollar bounce and gold drop are quite possible here, but the primary trend SHOULD be dollar down, gold up.

Chart397USD.PNG

Chart399gold.PNG

Chart398gold.PNG

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While you were away this past Fall #steemsilvergold got a little organized with official memberships. Everyone had to check in and now there is a process to join requiring a sponsor and two member upvotes. The benefit of being a member is that STAX, the voting bot, will upvote your posts. The obligation is a 100% upvote of STAX's daily post. I would like to sponsor you for "official membership" if you would like? Let me know?

Yeah, that would be great. Much appreciated. Thanks ;-)

Done. I have linked the official page https://steemit.com/steemsilvergold/@silverstackeruk/official-steemsilvergold-weekly-enrollment-and-membership-list-s-418 Please review the list of members. If you know any of them go ahead and ask them to vote for you in the comment section.

Appreciated. Thank you ;-)

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Welcome (once again) to steemsilvergold