Gold : the larger picture.

Updated
Currently Gold Jag is moving upwards through Solid Orange . Its a long term 'abola brought forward from 2018 year long fit. its not a rooted 'abola. its a clear trend. Above the the current Jag is Solid Green. that is a well rooted ;abola. above Solid green is Solid Gray This is also a well rooted curve. Solid Blue, of interest, converges with Solid red ( well rooted ) and Solid grey . Above that is Solid Purple .

A rally along Solid Blue across Solid Green and solid red, through the middle of march. Has parabolic support.

The intersection of Dashed Green and Solid Red is a psychological threshold for a much larger, longer rally. That would imply lots of monetary instability. ( jun , July '19 ) that is not a unreasonable outcome to our topsy turvy panorama .

otherwise: if the jag top action first part of '18 is the highs permitted, then it will be a repeat. by then the action of not climbing on Solid Blue will have precipitated more local curves and updated drawings. .

Note
The Jag whispers it does not want to be stuck in the spirit of early 2018.

That and Following solid Blue up to Concave Solid Red to 1355 . . . thats Bold.

11 days out and still predictive.
Beyond Technical AnalysisChart PatternsTrend Analysis

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