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Gold Gann Angle Update
Created on: 4/9/2021 7:06:55 PM   Last Update: 4/9/2021 11:23:28 PM Posted by: RTT

gold-gann-angle-updateThe Biden Yellen team have made their play, and it is not US dollar friendly.

Janet Yellen speech named "International Priorities — Remarks to The Chicago Council on Global Affairs" (here) can be summed to (via Luke Gromen) :


The US is accelerating a move away from "subjugating the US middle and working class to support the USD", to "subjugating the USD to support the US middle and working classes".



Well the above is true, but as we all know large US deficits and the trend of the US dollar are joined at the hip, and that trend is down 'huge'.

Gold has pulled back recently and the question is: Is the low in?

Gold has pulled back to 1x4 Gann Angle, plus the 'T Theory' indicator suggest a low is also in, so this blog sides with the positive and continue to look for higher gold prices.



Gold Gann





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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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Investing Quote...

.."Don’t trust your own opinion and back your judgment until the action of the market itself confirms your opinion"..

Jesse Livermore Trading Rule


.."If past history was all there was to the game, the richest people would be librarians"..

Warren Buffett


.."If you tell the truth, you don't have to remember anything."...


Mark Twain 

.."Until an hour before the Devil fell, God thought him beautiful in Heaven"..

Arthur Miller, “The Crucible”
 [Contrarian Investing]





..“Don’t try to buy at the bottom and sell at the top. It can’t be done except by liars.”..

Bernard Baruch




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