Gold FuturesUpdated Sell gold into 40wma, then buy with both hands.
A touch of the 40wma as a shake out to resume the bull trend (as it has done so twice in this uptrend see yellow circles). Stochastics broke down, williams %R flirting with breaking down of support, pennant coiled on the weekly. Buy into 1800-1840 and target 2200-2400. No position.
Note
Starting to get into the buyzone as of this AM.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.