Weekly Data Summary Suggests:
Current Weekly Trend (price relationship to the trend MA) is Bullish
The price relationship to the moving averages currently suggest Long positions.
Current chart score suggests that Bullish Sentiment is present.
The anticipated upcoming trade range is between 1536.28 - 1587.88
Prices have broken through the consolidation high
Out of the combined (weekly & daily) indicators monitored, 8.33% are bearish, 75.00% are bullish and 16.67% are neutral
The prices have moved 2.11 times the normal trade range from Trend Moving Average, a stall/decline may occur to return to the average.
The RSI that monitors bullish strength has a current weekly reading of: Bullish
The RSI that monitors bearish strength has a current weekly reading of: Bullish
The strength demonstrated over the last 5 weeks is currently: Bullish
Daily Data Summary Suggests:
Current Daily Trend (price relationship to the trend MA) is Bullish
The price relationship to the moving averages currently suggest Long positions.
The market is transitioning toward a Bullish sentiment.
The anticipated upcoming trade range is between 1562.08 - 1578.60
Price Consolidation has formed between: 1540.42 - 1611.34
If GOLD is capable of maintaining the current strength as of today, the projection generated from the daily chart is a target price of 1508.37
The prices have moved 2.48 times the normal trade range from Trend Moving Average, a stall/decline may occur to return to the average.
The RSI that monitors bullish strength has a current daily reading of: Bullish
The RSI that monitors bearish strength has a current daily reading of: Bullish
The strength demonstrated over the last 5 days is currently: Bullish
** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **
Current Weekly Trend (price relationship to the trend MA) is Bullish
The price relationship to the moving averages currently suggest Long positions.
Current chart score suggests that Bullish Sentiment is present.
The anticipated upcoming trade range is between 1536.28 - 1587.88
Prices have broken through the consolidation high
Out of the combined (weekly & daily) indicators monitored, 8.33% are bearish, 75.00% are bullish and 16.67% are neutral
The prices have moved 2.11 times the normal trade range from Trend Moving Average, a stall/decline may occur to return to the average.
The RSI that monitors bullish strength has a current weekly reading of: Bullish
The RSI that monitors bearish strength has a current weekly reading of: Bullish
The strength demonstrated over the last 5 weeks is currently: Bullish
Daily Data Summary Suggests:
Current Daily Trend (price relationship to the trend MA) is Bullish
The price relationship to the moving averages currently suggest Long positions.
The market is transitioning toward a Bullish sentiment.
The anticipated upcoming trade range is between 1562.08 - 1578.60
Price Consolidation has formed between: 1540.42 - 1611.34
If GOLD is capable of maintaining the current strength as of today, the projection generated from the daily chart is a target price of 1508.37
The prices have moved 2.48 times the normal trade range from Trend Moving Average, a stall/decline may occur to return to the average.
The RSI that monitors bullish strength has a current daily reading of: Bullish
The RSI that monitors bearish strength has a current daily reading of: Bullish
The strength demonstrated over the last 5 days is currently: Bullish
** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **