Here is a busy chart from recent NFTRH showing Uncle Buck in a Bear Flag after the big FOMC breakdown, Euro breaking out, Yen broken down from a Symm-Tri and two commodity currencies hanging around at or below resistance.
I just found this 2 year old chart while rummaging through the chart list. It had been gauging gold’s series of Cup & Handles in CAD previously. Added today is a new support level and a massive consolidation that is taking what seems like forever to resolve. But in terms of gold’s historical timeline as a monetary asset, it’s but a mere blip isn’t it?
All this noise and look how much gold has appreciated in Canada dollars since the chart was created. Something tells me it’ll get where it is going.