which said at least 50% long for the indexes at the close, is also triggering today for what has been a very weak index. . the XAU.
another model that says get long at least 50% with 15m buy signal on a down day ...may also trigger to support this signal as the XAU is down -.01 cent.
so first positions or more have triggered for what could be more than a couple of days in the trade and since gold/xau/nugt can gap and go overnight dont wait to partly enter,
but always use/set a stop with these gold related trades.
we also see the 60m oscillator on the same charts shared yesterday on the RUT NDX DOW SPX firing a buy signal today for the XAU
on a side note ive seen these signals for the XAU at a very close intervals to also seeing the EEM sell off which i also expect any day now.
have another great trade.
Edited by Mr Dev, 21 May 2014 - 02:58 PM.
