Courtesy of Chopshop
Gold CHARTS … bitches
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Disclosure: we are currently long the $DXY US Dollar Index via DX futures; and (1) anticipate becoming about as short various commodity futures as Danny Devito and (2) about as short the ES (S&P futures) as Verne Troyer, once a multiple confluence of proper trading signals confirm themselves; during any given session we may trade any of these instruments bi-directionally.
For similar technical takes, market calls and insights; please visit our brand new website, www.fibozachi.com. There, you can view both our complete body of analytic work as well as detailed explanations of the unique design development and technical methodologies within the proprietary technical indicator packages that we use daily to perform a comprehensive technical analysis of stocks, options, ETFs, futures and FOREX across interval periods of time, tick and volume.