Gold - market update - long on 1H - take profit 1282 $
-gold market price has grown in the last days in reference to stock market dump between 2-5 %
-market price reached down trend support line and retraced from it
-RSI is near heavy over selled area which brings buyers into the market
-MACD baselines are near bullish crossing which brings buyers into the market
Stock markets gone to loose more value in the next days which should bring new money into the gold market
-market price reached down trend support line and retraced from it
-RSI is near heavy over selled area which brings buyers into the market
-MACD baselines are near bullish crossing which brings buyers into the market
Stock markets gone to loose more value in the next days which should bring new money into the gold market
Trade closed: target reached
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
