Gold Gann Update - Current Pullback

A quick look at the current gold 'smash' sell-off with zero-point Gann Angles managing the pullback.

Drawing Gann Angles from ZERO on the date of an important previous high is the starting point in drawing these angles.

The fits looks very good, which suggests the 'whales' use Gann Angles in their process, of course, if they fail we may consider another important high point to re-draw Zero Gann angles from.

These angles are drawn with the Trendline Degrees tool.

(Click on image to enlarge)

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Alexa Graham 3 years ago Member's comment

One giant wyckoff accumulation?

Terrence Howard 3 years ago Member's comment

Nice!