Gold Spot / U.S. Dollar
Education
Updated

Gold - Let's wait for a better entry! #gold #wealth $NUGT $XAUU

449

--Bearish Indicators--

  • Weekly STOCH
  • Weekly RSI
  • Weekly CMF

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--Bearish Indicators--
  • Daily McGinley

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--Bearish Indicators--
  • Weekly/Daily Coppock Curve
  • CMF - Bearish

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--Bearish Indicators--
  • Ich - Broke through support, moving averages bearish
  • Traders on TV were longing based strictly off Ich support..

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Bollingers - Mixed Signals because 1300 will be a point of resistance due to it being the 20dSMA for the bollingers
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MACD - Bearish
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Good Luck trading gold guys, I say be patient and look for a better place to long.

Still bullish on gold long term, think we can get a better buying to swing here though. #Notwillingtoshort
Trade active
Was happy to see the TA turned out correct so far. Looking for partial entry at 1290.
Note
Currently 1291
Trade active
Still looking for entry

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