Hi Guys. Here we have TVC:GOLD on the 8hr chart. We can see that Gold has been trading within the range of $1300 and $1365 for most of 2018.
Gold has rallied recently due to the Geopolitical tension that has been going on. Both with rumors of a possible US-CHINA tradewar and now due to the Syria gas attack which has been creating tension both among enemies and allies. However, most likely (probably!) China and the USA will make a trade agreement that both agree on, Syria Gas attack.... Well lets be honest, how many times has this happened already, the market has already priced in a possible attack on Syria by the USA and even so we had another very strong rejection in the 1360 region once again.
We will be looking for today's daily close on Gold below the upper trendline to confirm our bearish setup.
@ApeX_Trading_Group, superb charting! Had all liquid assets tied in xmr for this month unfortunately unavailable to partake. But this is why we follow you!
UnknownUnicorn691562
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@tradingtradefortading, Thanks man! XMR is a solid hold for the next 2 quarters, im very bullish on it for the rest of 2018.
tradingtradefortading
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@ApeX_Trading_Group, less the expected post xmv airdrop pill pack. Rumours of institutional and government money rushing to buy up privacy has me chomping at the bit. Currently accumulating xmr enigma zero and looking for entries on Kmd as well. I have sectres isolated and the sentiment is xmr = btc of privacy!! Happy profits!
trading bullish on XMR is what everyone has been doing for 3 months lol
tradingtradefortading
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@BeerdHead, I think you need to look at your charts again...
if you think that is true then i guess trading bullish on every single cryptocurrency is what everyone has been doing for the last 2 years