Gold currently in no mans land - wait and see.
A channel is forming on Gold and its currently right in the middle of it.
Gold is sitting right on the 50 Day MA, the trend is not clear.
The Stochastic suggests its turned up whilst the MACD suggests its still in a downtrend. Great.
Therefore you may need to be patient to see something form on the technicals again. In the upcoming days, Gold will just move opposite to stocks because of the economic data. Markets are jittery Gold is the safe haven.
Gold is sitting right on the 50 Day MA, the trend is not clear.
The Stochastic suggests its turned up whilst the MACD suggests its still in a downtrend. Great.
Therefore you may need to be patient to see something form on the technicals again. In the upcoming days, Gold will just move opposite to stocks because of the economic data. Markets are jittery Gold is the safe haven.
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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.