Gold Gold Daily Video, February 05, 2024

[Sive Morten]

Good morning,

This week we've got two same but opposite patterns on weekly chart. Our solution is to stay stick with reverse H&S pattern, monitoring price action around 2020-2025$ support area and see what direction will prevail:

 

[Nik22]

Hi Sive. I had a problem with computer & lost indicator with numbers above the candle. This indicator use Jolly Roger in his charts. Could you remind the name of this indicator. Thanks

 

[Sive Morten]

Hi Sive. I had a problem with computer & lost indicator with numbers above the candle. This indicator use Jolly Roger in his charts. Could you remind the name of this indicator. Thanks

Hi Nick, I suspect that this is DeMark sequencer or DeMark Sequence.

 

[Nik22]

Thank you