Analysis on Gold& MNS

LukeyTrags
2022-08-30

4y Gold daily log "battle of the arcs" - which one prevails?
- 75% of vol over this period has traded between ~1770-2000
- POC at 1925
- Daily vol has declined heavily since the war spike early this year
- Equities have been hosed w/ negative sentiment #preciousmetals

Back into $MNS at 45c. Vol thinning after the b/o & a possible higher low on the shorter timeframes. Looks like it may have another crack at 49/50c. Charting a larger arc now following completion of the smaller arc (above) at 49.5. #lithium #battery #metals

$Gold - Aug 2022(GC2208)$  $Gold - main 2212(GCmain)$  $(MNS)$ $Global X Lithium & Battery Tech ETF(LIT)$

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