cybernetwork

Gold looking overextended now.

TVC:GOLD   CFDs on Gold (US$ / OZ)
But yet is it safe to hold Fiat in a backdrop of infinite QE?

TD approaching a 9 on the weekly..

Expecting a re-retest of the red 21 EMA or even down to the green 50 SMA , coinciding with the Ichicloud range.

STOCH ( pRSI ) on the PRISM oscillator beenin an overbought state.

Cyber Ensemble may trigger a sell in a mth or two..
Comment:
Forgot to add:

Sell signal already triggered on the daily on the 4thAugust.
Comment: GOLD have already reached the green SMA where the top of the Ichicloud is on the daily.

On the weekly:
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Comments

yes we are, to much, but this market is sick
+1 Reply
cybernetwork StarFoxAmara
@StarFoxAmara, My take is that it isn't that Gold or Silver, or Bitcoin are rallying, but that the value of USD is diminishing vs. Gold, etc.
Reply
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