Long Live Gold
Gold has been in sideways for about 4 months and then in downtrend for 2.5 months.
I am not too positive for gold to go in bull trend as indicators just a trend analysis which could go wrong.
But here i am using STOCH (again) which appears to be crossed 4 days back and yesterday it came over 20. also, the Forexx MA cross happened 3 days ago.
But yesterday, my Gold vs Bull indicator AKA Golden Fight appers to go green over red.
So, taking these 3 as positive gold.
Also, it jumped over a longterm trendline too.
Hoping for a good.
Thanks !!
I am not too positive for gold to go in bull trend as indicators just a trend analysis which could go wrong.
But here i am using STOCH (again) which appears to be crossed 4 days back and yesterday it came over 20. also, the Forexx MA cross happened 3 days ago.
But yesterday, my Gold vs Bull indicator AKA Golden Fight appers to go green over red.
So, taking these 3 as positive gold.
Also, it jumped over a longterm trendline too.
Hoping for a good.
Thanks !!
Note
Green lines are support and Red lines are major resistance to be broken for more bull run.. Note
Magnified view of S/R 
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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.