I’m just wondering if you can add in the weekly to gold analysis: Powershift is bearish and trend strength on last two price rises has gone down, not up. Are you looking at the daily and hourly as just a short term counter trend trade in the downtrend? I just thought you use the weekly powershift for trend and it’s bearish. Also, under what conditions do you ignore the weekly powershift?
I’m just wondering if you can add in the weekly to gold analysis: Powershift is bearish and trend strength on last two price rises has gone down, not up. Are you looking at the daily and hourly as just a short term counter trend trade in the downtrend? I just thought you use the weekly powershift for trend and it’s bearish. Also, under what conditions do you ignore the weekly powershift?