From 1850 to 1990$ - the GOLD is getting more interesting. I will be adding up more if the resistance is taken off and the price follows through.
GOLD https://t.co/l6pEGDpAkL
Most interesting chart:
— The_Chartist \U0001f4c8 (@charts_zone) February 12, 2022
Orange line = Gold
Blue Curve = Gold/S&P 500
Previously the ratio crossed 50 days MA in Feb' 20 with Gold giving a breakout on the charts. The previous cross of 50 days MA didn't result in gold breaking out. pic.twitter.com/HRG1fvsILp
More from The_Chartist 📈
The channel formation is still unhindered. A beautiful price pattern at work in ITC. For investors, the best way is to add when the price comes near the lower boundary. https://t.co/2Nw9fLQPsm
ITC - how beautifully the price patterns work. All of a sudden an increased momentum right from the support of the channel boundary. Has a minor resistance to nail down in the middle.
— The_Chartist \U0001f4c8 (@charts_zone) March 18, 2022
Anyone observing it would have gone aggressive at lower end for a swing move pic.twitter.com/YqxkdFlJXQ