Goldtent TA Paradise

Mr. Gold throws a Curve

1. DaveintheUK says:

   January 27, 2016 - 2:03 pm at 2:03 pm

   Hi Fully,
   I did post a thing on bearish curves which you kindly improved by providing a chart similar to the one on this post.

   However of course you also have Parabolic Chuck, who might have drawn the same thing many months ago; I don’t know.
   Also, Bikoo99 who did a similar thing on the XAU index to gold price downward parabola.

2. DaveintheUK says:

   January 27, 2016 - 2:12 pm at 2:12 pm

   I had expected the price to go down to 1000-1010 perhaps on the last down cycle because I expected it to be longer in time, therefore hitting the down-sloping lower parabola later than it it did at $1045.

   I just noticed that the last price cycle on your chart cycle between points 789 has a kind of reverse symmetry with the first one 123. The middle cycles 345 and 567 are almost identical and not mirror images – they were kind of double cycles with intermediate lows and highs. kind of interesting but probably completely irrelevant!

   I am all agog to see what happens at point 10.

3. DaveintheUK says:

   January 27, 2016 - 2:15 pm at 2:15 pm

   Actually, is this not just a really gorgeous chart formation? So much more elegant than some falling wedge thing!

   • Fullgoldcrown says:

     January 27, 2016 - 3:05 pm at 3:05 pm

     Curves are so much softer than hard angles

     I guess you could say its a feminine pattern

     🙂