DislikedGood day to you,
Herewith my GU/Gold correlation chart set up over the past week-end. gold was first to break the 200 T3 average.... price followed soon after. Red vertical line shows the break of the MA, pink horizontal shows where GU price was at the time.
Will continue to follow this correlation...
Lucky move? ( making it clear this was not used by me to enter trades)
dunno yet..
RegardsIgnored
as i said before, is all a correlation of factors! so, gold point down, GU in well proved supply area, weakness in price, continuation down in gold, etc.... is a great trigger for a trade. then everybody prefer an indicator or the other to open the trade (look for exmple some here use the ichi, some the MA, some other oscillators et.c.....)
today flows are very slow but the very similar scenario happened between thursday and friday last week. my bad, i noticed late!
actually i simply read gold chart in a window and GU in the other. But your chart (and the other member's one..) looks far better!
Yesterday was the past