Monday, October 1, 2012

HEADFAKES on Monday !

Another Warning Sign!


Monday saw a headfake in the Spyder....

...and in Gold.

It was around 10am in New York when the magical levitation vision was kicked in gear by the algos. It would not have taken much to confirm that move but it WASN'T.....

Gold has experienced 3 failed breakouts. There could be a final one, but if that fails as well then we should expect some downside momentum.


No comments:

Post a Comment