Heikin Ashi
This form of Candlestick isn’t used all that often around here but it sure paints a picture of what we are up against
Look how many times this area has rejected Gold !
look at all those spikes.
Try and try again
This may be the strongest resistance ever seen in the Gold market IMHO !
Just relentless…but as the Borg say “Resistance is Futile ”
IF we ever get thru it…Party at My Place !
I happen use Heiken Ashi…I like weekly charts the best. For cycle guys out there, HA weekly would seem to be a go to.
https://stockcharts.com/h-sc/ui?s=GLD&p=W&yr=1&mn=0&dy=0&id=p13870485767
I’ll bring the party favours fully – :)!
I knew I could count on you Mr. Moon
🙂