SmileR2020

SmileR2020

Seasonal play...plus alot of obstacles out of the way.. vaccine news not dropping gold now...stimulus ahead...seasonally good time for gold ....daily chart looks positive...strong buy....stoploss around 1795 ...leave it run up to at least 1950.....Best of luck

SmileR2020

Watch the bearish divergence develop between the technical indicators and candlesticks on the charts. Does this indicate one last flush out to between 1765 and 1800 before heading back towards all time highs?

SmileR2020

I think there is a possibility of one last flushout back down to mid 1760s 1770s in next two weeks and then for it to rise back up towards 1900 from mid December into February. I won't be shorting it. I will happily buy any dip though. I feel that the low is now in and it will rise considerably higher than present levels in the next 3 months. There are going to...

SmileR2020

First daily ingulfing pattern in ages a possibility today...RSI starting to turn up...More confirmation if MACD crosses up....The bottom could be in...It all depends on the daily close today....If all three of the above start to align by daily close tonight...the bottom could be in...Let's wait and see....massive upside....