AGOSE97
Long

$GOLD / $GLD multi-year #bullish hold.

TVC:GOLD   CFDs on Gold (US$ / OZ)
Over the last few years, the monthly chart on the gold spot price has printed higher lows while creating a strong resistance at $1,366/oz. As the stock market continues the recession trend, commodities are used to hedge those losses which will only help increase the price of gold .

Technicals:
Support - increasing trendline
Resistance - $1,366
MACD - Almost bullish cross on the monthly

GOLD or GLD

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out