Gold With Wyckoff Road Map
Recently we saw the gold cycle starting to strengthen, now we review with a Wyckoff price action road map.
You can learn more on Richard Wyckoff logic here. Gold selling has slowed, it has not stopped, buying has yet to overcome selling. No change of behavior yet, however the chart is full of anticipation for the bullish argument.
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On the monthly chart we see strong divergence, showing selling has slowed, but as stated above the buying has yet to show up with any strength.
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Investing Quote...
..“Stocks, like atoms, are really centers of energies.Therefore they are controlled mathematically"…."There is no chance in nature because mathematical principles of the highest order lie at the foundation of all things”..
William D Gann
.."The first rule is not to lose. The second rule is not to forget the first rule"
Warren Buffett
We at readtheticker.com hold the view that a mix of stock chart technical analysis, Richard Wyckoff, William Gann and Jim Hurst methods plus market fundamentals allows the investor to formulate a ...
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