This chart is open to non-members, but there are around 600 charts like this in the members area now, with podcasts, charting tips, and requests. Charts are easily searchable and you can subscribe to email notifications when charts are issued if you like. Has to be a bargain for $10/month, surely ? Anyway, back to this particular chart…the arc I drew has guided price beyond the target zone and formed a bullish looking flag. Price broke out and has now back-tested the upper support line on this flag. It fell below the 12-month moving average in the process, which I don’t like. I’ll be neutral until we get back above that blue line (currently around $142). A break below the support line that we’re currently resting on will raise a more bearish scenaro. It’s so important to be aware of these critical points if you’re trading (which I’m not).

$xauusd

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