KHT | $GOLD Monthly & Weekly Supports Break Out as of 2017-08-25

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Net1djm
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Joined: Sat Apr 22, 2017 2:57 pm

KHT | $GOLD Monthly & Weekly Supports Break Out as of 2017-08-25

#1 Post by Net1djm » Sun Aug 27, 2017 9:56 pm


KHT August 27, 2017 at 4:58 am Ped, I`m not exactly sure what chart you are using to refer a “one day event” that is a “meaningless technical event since it could not sustain itself”. This chart clearly shows a break out and successful back test of my adjusted green resistanance line which I belive to be the valid one. Even the original shows a monthly break out of the down trend line from 2011. The chart is 4 days away from being complete for the Month of Augsut.
[ https://tvc-invdn-com.akamaized.net/dat ... c43ce3.png ]
The weekly supports the major reversal.
[ https://tvc-invdn-com.akamaized.net/dat ... 2c4571.png ]
Anything can happen but I would hardly consider these formations insignificant over shoots.

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