Tip Toe throught the trend line

Checking in on Sunday's start Gold is above 600. For your viewing pleasure. It's nice to see the down trend line now broken to the up side..

THE BATTLE CONTINUES

Wecome again, for those of you in Rick's room I am inviting you to post up your hidden pivot studies here. I believe you can do it youself or just send me a chart with your studies. This is a space for all of us to use. It also provides somewhat of a record of our work

I took some time out to work up my usual charts on GOLD. The standard views I enjoy studying are the 1 ,2,4, and hour bars along with a daily. The typical study is a basic trend-line and a 50 unit BBands. I have not done any hidden pivot studis yet on these but I have found that the Pivot Points can be more important than the targets.

Also Below is a study on PAAS, this one worked very well. with tight entries w/in pennys of the calcs.

DAILY BAR (for best viewing click on the chart or righ click and open in a new tab or window)

4 HOUR BAR - NOTICE THE REVERSAL OFF THE LOWER BBAND. I mentioned the low in GLD at 10am eastern today.


8 HOUR BAR, looking for a couple more zig zags and a nice H n S bottom, then off thru the trend-line with vigor... it'd be a nice outcome.

PAAS - One of my favorite stocks. you can study these pivots yourself. Nice and accurate.