priceprophet

GOLD End Of Week Evaluation

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
Trend Analysis:
The current trend is defined by the last price and it's relationship to specific moving averages.
Check the MA strategy for more specific suggestions.
Weekly: The relationship to the primary trend MA is bullish. The price in relationship to the other averages suggest long positions

Price Action:
Weekly: The average price range currently is points/ticks/pips. Prices are currently x the normal trading range. Prices are trading within the mean range for activity. This generally indicates a consolidation of strength/indecision in the market regarding direction.
Prices have broken through the high value of the consolidaiton range.

Standard Deviation
Weekly: Standard deviation suggests a range from 1705.48 to 1843.14 for the following week.

Calculated Price Strength:
The strength of the trend in conjunction with specific averages
Weekly: Trend strength suggests a trade range of 1798.84 to 1798.84 for the following week.

Price Projection:
The price action has generated a projection signal for the underlying.
Weekly: Price currently displays (if strength and attitude continue) a desire to move first toward 1837.24 before moving toward 1860.97
If strength and attitude continue, it could take between Infinity - Infinity trade periods (weeks) for the first projection and Infinity - Infinity to reach the second projection.

Indicators Summary.
A collection of technical indicators whose directional attitude has been summarized.
Weekly: Out of the cumulative indicators monitored, 100.00% are bullish, 0.00% are bearish, 0.00% are neutral

The CCI indicator trading strategy suggest the following:
Weekly: Very strongly bullish - long entries.

Confirmation Signal
6 indicators combined to confirm entry/exit.
Weekly Bullish - Open directional trades

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