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 1694.90 - 1759.85
Price Consolidation has formed between: 1451.41 - 1703.60
If GOLD is capable of maintaining the current strength as of today, the projection generated from the weekly chart is a target price of 1773.45
Out of the combined (weekly & daily) indicators monitored, 0.00% are bearish, 100.00% are bullish and 0.00% are neutral
The prices have moved 2.07 times the normal trade range from Trend Moving Average, a stall/change in direction 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.
Current chart score suggests that Bullish Sentiment is present.
The anticipated upcoming trade range is between 1694.90 - 1747.95
Prices have broken through the consolidation high
If GOLD is capable of maintaining the current strength as of today, the projection generated from the daily chart is a target price of 1707 - 1727
The prices are moving with the Trending Moving Average at a standard pace with a moderate market
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
Comments:
STD DEV for the coming week: 1635 - 1754
STD DEV for Monday 13 April 2020: 1634 - 1755
Happy Easter every one! Hope you had a good holiday weekend.
Stay safe, trade safe!
** 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 1694.90 - 1759.85
Price Consolidation has formed between: 1451.41 - 1703.60
If GOLD is capable of maintaining the current strength as of today, the projection generated from the weekly chart is a target price of 1773.45
Out of the combined (weekly & daily) indicators monitored, 0.00% are bearish, 100.00% are bullish and 0.00% are neutral
The prices have moved 2.07 times the normal trade range from Trend Moving Average, a stall/change in direction 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.
Current chart score suggests that Bullish Sentiment is present.
The anticipated upcoming trade range is between 1694.90 - 1747.95
Prices have broken through the consolidation high
If GOLD is capable of maintaining the current strength as of today, the projection generated from the daily chart is a target price of 1707 - 1727
The prices are moving with the Trending Moving Average at a standard pace with a moderate market
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
Comments:
STD DEV for the coming week: 1635 - 1754
STD DEV for Monday 13 April 2020: 1634 - 1755
Happy Easter every one! Hope you had a good holiday weekend.
Stay safe, trade safe!
** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **