CFDs on Gold (US$ / OZ)

Long

Updated

Cup of Tea? Don't mind if I do.

There could be more more downward pressure in the short term - moving toward $1306 - before breaking resistance/ $1400 this summer.

Note

snapshot

becoming deeply oversold on RSI and MACD

Note

snapshot

positive divergence on MACD

Note

snapshot

Textbook handle moving along nicely

Note

Here we are at the 200 Day MA - Perhaps the last great buying opportunity for years to come.

Note

snapshot

Note

Break-out from downtrend

snapshot

Note

Next wave up on RSI confirmed - to complete Handle formation

snapshot

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.

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.