Gold Chart

[Jonflyfish]

JFF's Simple daily gold chart- no subscription required

If PM's are "manipulated", I must be the manipulator. Simple, smooth as butter price transitions.
Cheers!

[madman326]

i dont mean to bust anyones balls, but this just looks like an acid trip i once had long ago!
wish i was more knowledgeable about charts and graphs and such..... oh well, i'll stick to star wars and beer!
cheers and beers to ALL !!!!!!!!!!!!

[mflugher]

i dont mean to bust anyones balls, but this just looks like an acid trip i once had long ago!
wish i was more knowledgeable about charts and graphs and such..... oh well, i'll stick to star wars and beer!
cheers and beers to ALL !!!!!!!!!!!!

The green line appears to be a 200DMA,
the red and green bars indicate trading ranges and up/down for the day (or possibly week?),
I assume the bars on the bottom have something to do with open interest or volume not sure which.
The rest is just thrown in to look confusing


Seriously though a legend wouldn't hurt at all, and a crash course on how to interpret it would be really swell

[Jonflyfish]

Sorry. Thought it was more straight forward. The price channel changes to red when violated on the downside (you can see the transition from blue in the upper left corner), indicating a new direction to the downside. When the channel is crossed to the upside, it will turn blue. Green line is a non-linear regression value. When price is above uptrend is confirmed. When below, downtrend. The white band is a price channel for other purposes. Could have left that out- sorry. Don't want to confuse. The three lines below the price chart are a volatility measure of trend. When not criss-crossed, but aligned one direction or the other simply confirms the direction. The lower histogram is based on serial dependency and is up vs down momentum. Green up, purple down. Just a simple overlay for trend analysis. Aside from price channels, all are non standard proprietary calculations but the concepts can be applied similarly as described with canned tools.

Cheers!