chartwatchers

GOLD - Time travelling

FX:XAUUSD   Gold/U.S. Dollar
759 3 32
Waiting for the next stage of the bull market.
I think we are going to tag the 200 EMA in the following 2 months and the rally will start up again.
In the following 2 months it will be hard to make money in gold             because price will jump up and down.

My advise to use RSI strategy - Tradingview has a very good RSI strategy in the indicators box- sell at overbought and buy at oversold. But in 2 weeks shorting gold             should be stopped because it's getting more and more dangerous.
When the second stage of the bull starts at the end of April or May the shorts will be toasted..

Notice the difference between the last 3 bear market decline and the decline we are having now...
In the bear market the declines were a straight way down.
This decline is jumping up and down as big funds are positioning in gold             for the next 3-4 years...
FrankBardoux
8 months ago
...which they want to get as usual at the lowest price possible...this should be at least at $1187 ish....looking forward to be all the way... back in...:)
Reply
TRADER727 PRO
8 months ago
love it...
Reply
Majaliwa
8 months ago
Genius i love it
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out