rajandran.r
Short

Will Mean Reversion happens towards 200 EMA

FX:XAUUSD   Gold Spot / U.S. Dollar
358 4 0
Chart shown is monthly charts of Gold             . Will mean reversion happen towards 200 Monthly EMA which is currently at $883?
7 Years it is over 200 montly ema, but now you think it will reach EMA !!! I am totally disagree. Some pull backs possible, such as 1200, 1120, 1050. But not more for me...
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rajandran.r TANER YILMAZ
TANER some of the past observations here for both Gold and Silver http://www.marketcalls.in/commodities/will-the-biggest-ever-mean-reversion-happens-in-gold-and-silver.html
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TANER YILMAZ rajandran.r
I am not against pull backs, but montly 200 EMA is not realistic for my idea. Montly 100 EMA, agree.
So, what about weekly 100 & 200 EMA ?
Until 1120, very small possiblity 1050, i am with you but not more :)
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VRShaiju TANER YILMAZ
800$ is more likely.. If you can believe 1050.. then you have to believe even 300$ (it's too harsh but I stick on $900-$800 level
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