Core Viewpoint - The article discusses the RSR (Relative Strength Ratio) research, emphasizing the need for a more accurate calculation method that considers both upward movements and pullbacks, rather than solely focusing on price increases [1]. Individual Stock RSR Indicator Setup - The first step involves setting up the basic formulas, SSV and RSL, which are essential for calculating the RSR [2]. - The second step requires creating extended data to compute the two basic formulas, ensuring that the sequence numbers align correctly [2][3]. - The final step is to create the "RSR Individual Stock" sub-graph indicator by copying specific code into the formula manager, which calculates the average of SSV and RSL [7][8]. Industry RSR Indicator Setup - The setup process for the industry RSR is similar to that of individual stocks, starting with selecting two empty data rows for SSV and RSL [9]. - The second step involves creating the "RSR Industry" sub-graph indicator using a similar code structure as the individual stock setup [14]. - Custom sector settings can be created by accessing the custom sector management interface within the software [15][16]. Updates and Changes - The latest update distinguishes itself by using SSV and RSL as the foundational calculation formulas, focusing on cost deviation, while RSV is based on the relative proportion of price increases and decreases [19].

Group 1 - The article discusses a simplified relative strength indicator solution that can be used in real-time trading without the need for extended data, making it more accessible for traders using mobile devices [1][3] - It introduces the RSline, which expresses the ratio of an individual stock's current price to the market index, providing a horizontal comparison that captures the stock's strength relative to the entire market [1] - The article suggests normalizing the RSline similar to RSV and integrating it with RSV, presenting a complete code for implementation [1] Group 2 - The proposed RSV value can replace RSR without requiring extended data, allowing for real-time use during trading sessions and compatibility with mobile applications [3] - The thresholds for the new indicator remain consistent with previous RSR conditions, ensuring continuity in trading strategies [3]

Group 1 - The article discusses the concept of "long-legged" candlestick patterns and their potential as buy signals, emphasizing the need for historical data backtesting to validate their effectiveness [1] - It draws a parallel between the "long-legged" pattern and Wyckoff's Spring concept, suggesting that both require consideration of candlestick shape, trading volume, and market context [1] - The article provides a code snippet for identifying specific candlestick patterns and volume characteristics, indicating a structured approach to quantifying these signals [1] Group 2 - The article mentions the potential for a surge in stocks exhibiting long-legged candlestick structures or blue-green diamond signals as the market experiences a pullback [4] - It references previous discussions on quantifying volume characteristics related to accumulation, indicating a framework for analyzing stock behavior [2] - The author acknowledges the challenges of defining left-side signals, suggesting that the exploration of these concepts is ongoing and invites input from experts in the field [2]

Core Insights - Gold is currently battling the key level of $4150, approaching a three-week high [1] - The US dollar finds support amid potential government reopening and increasing bets on Federal Reserve rate cuts [2] - Gold closed above the 23.6% Fibonacci resistance level, with attention on bullish momentum around $4150 [3] Market Dynamics - Following three consecutive days of gains, gold buyers took a breather, driven by optimism surrounding the US government reopening, which sparked a "buy everything" momentum in the market [5] - Ongoing risk flows continue to diminish the appeal of the US dollar as a safe-haven asset, further impacted by expectations of aggressive rate cuts from the Federal Reserve in the coming months [5] - The latest ADP data indicated a loss of over 11,000 jobs per week by US companies before the end of October, raising hopes for further Fed easing, with the probability of a rate cut in December now estimated at 68%, up from 62% prior to the data release [5] Technical Analysis - The 14-day Relative Strength Index (RSI) has slightly retreated but remains above the midline, suggesting any potential decline in gold prices may be temporary [10] - Gold closed at $4129, breaking through the 23.6% Fibonacci retracement level since August 19, with buyers needing to sustain a breakthrough above $4150 to initiate a new rally towards the record high of $4382 [11] - Initial support is seen at the 21-day Simple Moving Average (SMA) of $4085, with psychological support at $4050 if that level is breached, while the critical line for gold buyers is at $3973, corresponding to the 38.2% Fibonacci level of the same rally [11]

Core Viewpoint - Gold prices have been on the rise for three consecutive days, with expectations for a weekly gain, driven by renewed trade war concerns following President Trump's announcement of new tariffs [1][2][3]. Group 1: Market Dynamics - Gold prices are experiencing upward momentum, with traders closely monitoring trade developments amid a quiet U.S. economic calendar [2]. - Safe-haven investments have resurfaced in the Asian trading session due to President Trump's tariff statements, leading to a cautious market sentiment [3]. - Trump's threats to impose a 35% tariff on goods imported from Canada, effective August 1, have dampened optimism regarding trade negotiations between Washington and Europe [4]. Group 2: Investor Sentiment - The instability of Trump's trade policies has weakened investor confidence, reigniting demand for both the U.S. dollar and gold as safe-haven assets [5]. - Despite the dollar's rebound, gold buyers remain undeterred, with anxiety surrounding the upcoming U.S. Consumer Price Index (CPI) data, which may provide insights into the Federal Reserve's interest rate decisions [5]. Group 3: Technical Analysis - Gold prices are rebounding from the 38.2% Fibonacci retracement level of $3,297, reclaiming the 50-day simple moving average (SMA) at $3,325 [9]. - The 14-day Relative Strength Index (RSI) has surpassed the midline, currently near 50.50, indicating a positive shift in market sentiment towards precious metals [10]. - A daily close above the 50-day SMA at $3,323 is necessary for buyers to challenge the 21-day SMA at $3,344, with potential resistance at the 23.6% Fibonacci retracement level of $3,377 [11].