ABX in C$$ and XAU in US$$, some thoughts

abx sept 23 2017xau sept 23 2017

The time scales are, unfortunately a little different, ’s is much longer but you get the point. Just superficially I could come up with a multitude of counts, at least four in these two charts. No idea which one is the best but the one in green seems to have the most followers right now. Most importantly, apart from a slight immediate drop, the next bigger move for all of them is up not down. Playing it from the long side appears to be the way to go. For it might pay to wait for $18,$17 or something like that first.