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Weekly Analysis

Weekly AnalysisLeçon 6 sur 115 min de lecture

Weekly then daily

The next two charts of the gold pass, the middle of the weekly fall, and a daily reading that has not yet been confirmed.

The monthly gave context. The next two charts give the side and the price.

The weekly

Gold's last weekly leg is the fall from 2,440 down to 2,396. The weekly is making lower highs and lower lows.

So the weekly and the monthly point opposite ways, which is normal. The weekly fall is a pullback inside the monthly rise.

Figure 1 · Gold on the monthly rising with the last stretch ringed, beside the gold weekly showing that stretch as a fall from 2,440 to 2,396

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