Long Live Gold
Gold has been in sideways for about 4 months and then in downtrend for 2.5 months.
I am not too positive for gold to go in bull trend as indicators just a trend analysis which could go wrong.
But here i am using STOCH (again) which appears to be crossed 4 days back and yesterday it came over 20. also, the Forexx MA cross happened 3 days ago.
But yesterday, my Gold vs Bull indicator AKA Golden Fight appers to go green over red.
So, taking these 3 as positive gold.
Also, it jumped over a longterm trendline too.
Hoping for a good.
Thanks !!
I am not too positive for gold to go in bull trend as indicators just a trend analysis which could go wrong.
But here i am using STOCH (again) which appears to be crossed 4 days back and yesterday it came over 20. also, the Forexx MA cross happened 3 days ago.
But yesterday, my Gold vs Bull indicator AKA Golden Fight appers to go green over red.
So, taking these 3 as positive gold.
Also, it jumped over a longterm trendline too.
Hoping for a good.
Thanks !!
Note
Green lines are support and Red lines are major resistance to be broken for more bull run.. Note
Magnified view of S/R 
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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.