By in technical analysis

Gold Technical Analysis

In yesterday’s Gold report we wrote: “Are we on the cusp of something trend changing, or will the bulls rescue things once more by keeping us above 1524? We could well have the answer to this by the end of the day”.
We saw a break of 1524, and on a closing basis, so here’s what we sent

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By in technical analysis, trading

Natural Gas big move last night…

Here is a tick chart showing last night’s shenanigans in Natural Gas, where it looks like two Black Box “Algo” systems had a right good go at each other for 2 minutes, steadily increasing the range (on hardly any volume) until one of them gave up!
So I’d call this chart “When Algo goes Bad”…

Have a good day!

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