GLOBALPRIME:XAUUSD The dollar has been hit hard since the new bank crisis took place and the gold price have started a new uptrend. Action: Strong Buy ATR: High Volatility RSI: Neutral Green Zone : Up Red Zone : Turning up Yellow Zone : Turning up Blue Zone : Up Support: 1804 Profit level: 1980
GOLD 21-02-20223 Action: Still Strong Sell ATR:(14): Less Volatility RSI(14): Down Streamtrend Green Zone: Down Streamtrend Red Zone: Down Streamtrend Yellow Zone: Sideways Streamtrend Blue Zone: ...
On Friday we got an Exit alert for Silver. Exit alerts on Silver from different timeframes and indicators to carefully handle our trade. Be prepared to reenter as long as the trend is up.
The federal Reserve decided to keep the the short term interest rates unchanged and Covid-19 vaccin makes progress. Inflation has also been on an uptick. Exit alerts on Gold from different timeframes and indicators to carefully handle our trade. Be prepared to reenter as long as the trend is up.
The Daily Action bar is green and on the right side of the yellow zone. Watch your 1 hour chart to manage the pullback.
On Tuesday my trend chart triggerd a trend change in SILVER . The metal is in the yellow buying zone and the last candles are green. It has passed the grey and blue zones but you might expect a short pull back Watch the action chart for a closer analyse.
My daily Action bar is a green buy but it might be a good idea to wait for it to come back. Watch a 1 hour chart of your choice.
The monthly trend might have started to go down with separated bars but not yet completly filled red.
The weekly trend chart is down but has a separated bar meaning a trend change could be on its way after a pullback inside the blue zone.
On Friday my trend chart triggerd a trend change in GOLD. The metal is in the yellow buying zone and the last candles are green. It usually reaches the grey zone for a pull back and hopefully it could pass thart level too. Watch the action charts for a closer analyse.