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Canadian Dollar Gold is doing NOTHING !
But here is how it looks on a Weekly Log Chrt
Looking at this chart there has NOT been a Bear Market in Loonie Gold
Just a Flag….a HALFWAY Flag !
Note…for this to be a 4 point consolidation we can see one more hit of the thick bottom line before Blast off
This implies a weak 2018….Who’s ready for that scenario ?
This kind of works too…mainly because I don’t want another trip down tho. lol
https://www.tradingview.com/x/4oxOr1we/
It is almost crazy not to mortgage the farm and jump into the frenzy as it seems to be no end in sight and what the hell if she crashes then jump into the inverse etf’s. The talking heads on tv only mention all the sheeple who lose in a crash but what about the inverse,short winners????? they don’t want us sheep to know the game I guess…..
Interesting how switching to a log scale can change the look of a chart. Log charts are only suitable (in my view) if there is a fundamental reason behind an exponential move. In the case of anything measured in fiat money, logarithmic has been proven to be the way it ends up going.