mann456

Gold in a bear market not seen since 2012

Short
mann456 Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Once the monthly macd ribbon crosses it would trigger a huge waterfall for the bears
that ribbon will eventually fall even if the bulls pull up the biggest big-money funding - just a delay till it falls
Ribbon is the highest ever since 2012
bottom was 1050
Comment:
Monthly will kick in only when the weekly tops say over 2075
Comment:
As the bulls bend the macd ribbon on the monthly back up temporarily till a new top

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.