SMA is a bold indicator to know analyze the price run & reccent prices was up by 21% & gap up opening in few trading sessions--makes a great bear move to catch let's understand.
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1) Gold is a commodity.
2) Which oftely don't show the big price moves.
3) 4 gap up opening in last 15 sessions.
4) Unusual volumes and move of the price.
5) Geoplitical Tensions of US-Tarrifs making gold the most attractive investment.
6) 20.65% up from 200SMA.
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Less favroble for buyers and with good money for bears to make, unless some investment bank put in a 1/2 Billion.... GoMakeIt
___________________________________________________________________________________
1) Gold is a commodity.
2) Which oftely don't show the big price moves.
3) 4 gap up opening in last 15 sessions.
4) Unusual volumes and move of the price.
5) Geoplitical Tensions of US-Tarrifs making gold the most attractive investment.
6) 20.65% up from 200SMA.
___________________________________________________________________________________
Less favroble for buyers and with good money for bears to make, unless some investment bank put in a 1/2 Billion.... GoMakeIt
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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.