How To Read Channels

...60 min globex...
... down channel
PS. ftt does not stand for failure to traverse... it stands for flying to trapeze

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gold channel down to long term support line of channel from Nov.

 

update on that down channel

 

ym 15 min
globex

 

perfect hit on the gold channel, possible entry in red circle? USD breaking down good signal? S and P trying to break 875 for third time and rejected, another good long gold signal? just thoughts.....

 

possible entry around the 38.2 fib retracement from low of last year

 

globex hourly

 

hourly globex

 

weekly ... previous channel resistance

 

daily