finbits
Long

GOLD is going to test monthly downtrend

FX:XAUUSD   Gold / U.S. Dollar
75 0 0
Bullish engulfing formed on FX:XAUUSD             monthly chart near the lower Bollinger band .
Price can test 20 period MA, and then monthly trend line near 1180.
After that it can revert and test 200 period MA in few months, and there might be a bottom of the downtrend.
According to some historical observations, GOLD             is bottoming in the years of presidential elections in US, and it can be confirmed in 2016.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out