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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
BRKA 315,375.00Oct 20 4:00 PM EDT

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To: Qone0 who wrote (44137)11/19/2021 4:24:50 PM
From: Sun Tzu  Read Replies (1) of 87072
 
I don't see it as a function of "control". I see it in a similar way that I look at multi-timeframe analysis. It is a way to reduce noise and confirm the current thinking.

If I see the interest rates rising fast while a bullish pattern on a home builder is popping up, then I have to wonder which one is more likely and why. This is no different than if I have a 5 minute signal and a 15 minute signal telling me opposite things; I will think about how they will be resolved and move when they are aligned.

Commodities, especially gold, move in opposite direction of USD and interest rates. Occasionally this doesn't pan out. But by and large it does. If you see USD and/or interest rates pulling back, then that strengthens the probability of gold going up.

PS Both of above conditions are happening. So I am not taking a position against gold. But I'd rather have a clearer picture of the levels and timing.
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