Goldie, goldie...You still pla

2023-10-26

Goldie, goldie...You still playing tricks with us?...or this time is for real.

Using GLD as proxie on a 32D chart, we can see the consolidation range and how the highs were not broken, yet the low range was...wyckoff spring. Declining volume while price consolidates being another sign of accumulation.

6 months chart...more insights. Volume pattern is just textbook...can see current range interacting with 2009-11 top range (distribution)

More on future posts (for the points), and let's cherry pick dates a bit...last 23 years...putting crypto aside...can guess what is the best performing asset? (Spx, nasdaq or gold)?

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