Get started
Bullionite

June Gold trendline break and below 55 day EMA with MACD cross

Short
Gold Futures (Jun 2015) (COMEX:GCM2015)  
Bullionite  
COMEX:GCM2015   Gold Futures (Jun 2015)
Commodities Gold futures Moving Average Convergence / Divergence (MACD) Trend Lines Relative Strength Index (RSI)
0
0
commodities gold futures macd trendline relativestrengthindex
Market below the 55 day. Trend-line break with a solid price movement downwards. Back test of 1192 possible. Possible to short on either price reversal on back test or follow through selling below the 4/22 low. Stop on initial short entry could be placed above 1203. Daily MACD cross supports position as well as RSI movement. Geo-political risk could cause unwarranted volatility.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.