jimjames244

Cup of Tea? Don't mind if I do.

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
There could be more more downward pressure in the short term - moving toward $1306 - before breaking resistance/ $1400 this summer.
Comment:

becoming deeply oversold on RSI and MACD
Comment:

positive divergence on MACD
Comment:

Textbook handle moving along nicely
Comment:
Here we are at the 200 Day MA - Perhaps the last great buying opportunity for years to come.
Comment:
Comment:
Break-out from downtrend
Comment:
Next wave up on RSI confirmed - to complete Handle formation
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.