FX:XAUUSD   Gold Spot / U.S. Dollar
109 12 2
Since Brexit Gold             -0.68% -0.70% has been rejected from the long term bear market trend line on multiple occasions.

This has potentially created a giant triangle of which could come to a climax at the end of the year at the FED decision in December.

Once the world calms down and understands what a Trump presidency will involve gold             -0.68% -0.70% could break out of this triangle at the end of the year.

The majority of Trumps plan involve massive deficit spending which coupled with the FED looking for any reason not to raise interest rates will ultimately stoke massive inflation in the future. This is positive for GOLD             -0.68% -0.70% .

If GOLD             -0.68% -0.70% holds at the 240 MA and shows a potential bear trap I will look to buy.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
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 Contact Support Ideas Published Followers Following Private Messages Chat Sign Out