Yes my bullish trend line was broken this morning i have it on My last Gold chart as a very bullish breach which it is , but the Stoch/Rsi indicator has also produced a Flat top which is bearish in nature .
With theses things pointed out we also need to reasses the trend to figure if it is going to pullback anytime soon in the near term i would be observing the dxy for a start which usually can give us indications of near term price Actions !
As it stands on my Gold chart at the present we've got conflicting indicators ???
With theses things pointed out we also need to reasses the trend to figure if it is going to pullback anytime soon in the near term i would be observing the dxy for a start which usually can give us indications of near term price Actions !
As it stands on my Gold chart at the present we've got conflicting indicators ???
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Yes Gold feel off of it's recent high's back down to it's mean once again .Note
that's fell :-)Note
Reposted Yes Gold is behaving just like i predicted On Friday's Rap Up ! :-) I redrew my Gold chart so we can get a better more recent view of Gold's price act.Reposted 41 minutes ago
Comment: Yes the MA did cross-over liked predicted on my Gold chart on Friday evening which is bullish in nature, but how strong it will be time will tell ???
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Repost Reposted from Friday evening >I believe the higher Golds price rises on Monday the harder it will fall given Golds is in a negative bearish trend still at the present time.Note
Fresh shot of gold's price action .:-)
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Looking just a we bit bearish!! gold chat room:-)Note
if Gold breaches my $1928 (((Big Red Trendline))) we could see a breach of $1900 very soooon! ish
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Freshly Reposted from the gold chat room ! :-)Note
A breach of $1900 is very plausible for toady ! :-)
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My Big Red Trend Line was breached three times is it the Charm ? :-)Note
Findly Gold has established a negative bearish trend today :-)
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This trend was established 3:15 pm today 8/24/2020Note
No matter how you slice & dice my Gold chart a super strong negative bias is going on. WoW :-)
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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.