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GunMoney
Apr 15, 2023 7:15 PM

Gold Update, Weakening on the Daily 

GOLD (US$/OZ)TVC

Description

Gold is stalling out on the daily. MACD has oscillated bearishly, and daily and weekly RSI are near "overbought" levels.

There is a massive weekly MA convergence structure around low HKEX:1,800 range. I want to see a test of this zone and gold RSI <30 before I consider loading up on miners.
Comments
FudBox
Gold = Haven of Wealth and "they" don't like that ;)
GunMoney
Target hit, not loving the set up though. Waiting for another bigger selloff
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