XAU/USD
Traders and Investors Welcome to my forecast
First of all thank you for analysing my chart and taking the time to reflect on it. A brief summary:
* We start to see significant approaches between the 200 MA and the 50 MA indicators
* I assume that prices are still not overbought based on the RSI, however prices will be soon after the optimistic and appreciation period in gold.
* Investment banks, commercial banks and investment banks will start liquidating their positions, more price volume means there is/will be a significant move in demand.
Thanks for reading and regards,
Kevin C. Best
First of all thank you for analysing my chart and taking the time to reflect on it. A brief summary:
* We start to see significant approaches between the 200 MA and the 50 MA indicators
* I assume that prices are still not overbought based on the RSI, however prices will be soon after the optimistic and appreciation period in gold.
* Investment banks, commercial banks and investment banks will start liquidating their positions, more price volume means there is/will be a significant move in demand.
Thanks for reading and regards,
Kevin C. Best
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.