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A little bit on FA
- Are we going to see A FOMO in the market on GOLD
- The market sentiment on economic recovery, But bitcoin has reaches its All time high and gold shows a good buyer pressure
- 2021 will be a year where many will so-called buy into gold to hedge against the currency inflation
Weekly shows XAUUSD a good buy signal as bullish trend tends to resume, RSI shows above 50 together with a buy signal from MACD
WEEKLY POHKONG
From weekly, pohkong has been sideways with no volume for weeks ! and it stays afloat merely above RSI 50,
from Weekly we can see, MACD has crossed and show a buy signal
Highly chances PohKong will resume its uptrend !
*This is just education purposes, please do your own studies as this idea is not a buy sell call on any of the counter*
- Are we going to see A FOMO in the market on GOLD
- The market sentiment on economic recovery, But bitcoin has reaches its All time high and gold shows a good buyer pressure
- 2021 will be a year where many will so-called buy into gold to hedge against the currency inflation
Weekly shows XAUUSD a good buy signal as bullish trend tends to resume, RSI shows above 50 together with a buy signal from MACD
WEEKLY POHKONG
From weekly, pohkong has been sideways with no volume for weeks ! and it stays afloat merely above RSI 50,
from Weekly we can see, MACD has crossed and show a buy signal
Highly chances PohKong will resume its uptrend !
*This is just education purposes, please do your own studies as this idea is not a buy sell call on any of the counter*
Comments
Is it continue down or will make change trend soon.
on Xauusd, The price action respect the EMA200 daily line very well, so look at that too if Gold will reverse from there :)
Happy trading