#Gold #XAU/EUR - GOLDEN CROSS approaching (long-term analysis)
Updated
A very rare extremely bullish signal on the 1M chart of #Gold - a GOLDEN CROSS (50/100 MA) is approaching on Gold/EUR chart which will cross beginning or mid Sep 2019.
(Note: On the USD chart the cross will occur approximately 1/2 year later)
This is one of the biggest bullish signals and which can indicate an extended bull market for the next 10 years!
However, nothing goes up in straight lines. There will be pullbacks which you can use as investment opportunities.
I´m not a financial advisor. For educational purpose only!
(Note: On the USD chart the cross will occur approximately 1/2 year later)
This is one of the biggest bullish signals and which can indicate an extended bull market for the next 10 years!
However, nothing goes up in straight lines. There will be pullbacks which you can use as investment opportunities.
I´m not a financial advisor. For educational purpose only!
Note
50/100 MA cross already occured in August on the EUR-chart! On the USD-chart the 50/100 MA golden cross may come by end of this year or early 2020. However, we can expect a pullback before this happens.
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