I’m checking out my coded template again using the Indices and short-term charts. It’s over 40 degrees Celsius here though, which translates to over 100 Fahrenheit, and so we’ll be off down to the beach for much of the evening but I’ll check in at times to see if anything triggers and/or how the charts […]

I’m in the process of working through the logistics of coding my TC algorithm but, for the time being, I have have had one component coded into an indicator for use at the bottom of my existing public charts. I am finding this visual system to be quite effective. I noted last night, 6 pm […]

Gold recovered on Friday following the Trump Inauguration due to US$ weakness but also possibly, as is being reported, due to some uncertainty surrounding Trump policies. The metal closed the week above the key $1,200 level which augers well for continuation but here is what I’ll be watching for in coming sessions.

Gold gave a 200 pip breakout move from my w/e Flag pattern but, as already mentioned, I’m on the lookout for a pullback to test the key $1,200 level. I’m watching the 30 min charts for any new TC SHORT signal to support a possible move. The US$ index is trying to bounce up from […]

I’m multi-tasking here today with a bit of beach, pool, charting and now also the tennis (Australian Open). Keep an eye on Silver, as well as Gold, as Silver looks to be consolidating ahead of its next move. The same drill applies: watch trend lines for any momentum-based breakout.