Last Bullish leg for GOLD

Apr 24, 2019

With all the divergence in 4hr and 1hr chart, it's likely that GOLD starts its bullish run from here to retest previous top, or even the multi-year top around 1360-1370. This is confirmed with the response from gold miner ETF (GDX/GDXJ) as well. But this might be the last up move for gold this year, so trade with care. I think GOLD is going to revisit 1200 area before the election year.

Apr 24, 2019

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1hr

Apr 24, 2019

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GDX retesting 200SMA and the trend line

Apr 25, 2019

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Not bad so far. The daily closing prices for the next few days are important. Let's see!

Apr 27, 2019

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Daily and Weekly closes are not bad, very likely gold printed bottom this week.

Apr 29, 2019

Trade closed manually

Something is wrong, it seems going to visit previous low.