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Created on: 8/10/2021 2:22:45 PM   Last Update: 8/10/2021 2:28:25 PM Posted by: RTT
WARNING: This entry is 484 days old. It may contain broken links, out-dated or misleading content. Please read on with caution.

1 POST Gold Gann Update - Current Pullback
gold-gann-update--current-pullbackA quick look at the current gold 'smash' sell off with zero point Gann Angles managing the pullback.

Drawing Gann Angles from ZERO on the date of an important previous high is the starting point in drawing these angles.

The fits looks very good, which suggest the 'whales' use Gann Angles in their process, of course if they fail we may consider another important high point to re draw Zero Gann angles from.

For Members: These angles are drawn with the Trendline Degrees tool.


Click for popup. Clear your browser cache if image is not showing.
GLD



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NOTE: Posts here are the lite version, more depth on each subject can be found via our RTT Plus membership.

Changes in the world is the source of all market moves, to catch and ride the change we believe a combination of Gann Angles, Cycles, Wyckoff and Ney logic is the best way to ride the change, after all these methods have been used successfully for 70+ years. This post is a delayed and small sample of what is avaliable to members. Sign up to enjoy the full service.


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NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net

Investing Quote...

.."Success in trading means excess of profits over losses. If anyone tells you they can almost be invariably successful, put him down as trying to impose on your credulity."..

Richard D Wyckoff


...“Run for your life from any man who tells you that money is evil. That sentence is the leper's bell of an approaching looter”...


Ayn Rand

..."The four most dangerous words in investing are 'This time it's different' "...

John Templeton


.."So you think money is the root of all evil? Have you ever asked what is the root of money? Money is a tool of exchange, which can't exist unless there are goods produced and men are able to produce them. Money is the material shape of the principle that men who wish to deal with one another must deal by trade and give value for value(...) Money is made possible only by the men who produce. Is this what you consider evil?"..


Ayn Rand

..“If it’s obvious, it’s obviously wrong.”..

Joe Granville




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