Gold Update week ending 9 August 2019 for TVC:GOLD by priceprophet

trendanalysis harmonicpatterns indicator gold gld gdx priceprojection

Week Ending 9 August 2019

The week is bullish, the daily is bullish.

Weekly Data.
In Bull Territory.
Price Projection: 1647
HMA: Very Strong Bull
BSI: Bullish
Bull RSI: Bull
Bear RSI: Bull
5 RSI: Positive
Consolidation: Broken to the high side
Price-Trend: 3.7x ATR

Daily Data for Wednesday 9 August 2019
In Bull Territory
Price Projection: 1567
HMA: Strong Bear
BSI: Bullish
Bull RSI: Bull
Bear RSI: Bull
5 RSI: Positive
Consolidation: 1509 - 1472
Price- Trend: 2.6x ATR

Projected range for upcoming week: 1521 - 1475

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