Today there is a major trend change on the Gold Weekly Chart which had turned to buy mode on the Weekly Ichimoku Charts. 10 Years of Gold Historical Charts are shown for your reference. Interestingly Gold Haven’t yet tested 200 Week Simple Moving Average on the Weekly Charts. Weekly Supports are coming around 1730-1738 zone. Breakdown below this zone could warn trend reversal.
Related Readings and Observations
In Depth Analysis on Comex Gold Lets come to fundamental side before, we witness a blast in gold price after 2008 recession & gold price almost double in just 3 year span while in last 2 year gold also corrected more […]
45 Years of Gold Historical Chart – Infographic Gold is traditionally the store of value to which investors turn in times of instability.Chart shows the past 45 years history of Dollar Denominated Gold Chart since 1968. And this […]
Gold in Breakout or Breakdown Zone? As per 13-13 Wilders moving average channel offset trading system Gold on the EOD chart is in range bound between the support zone 1718 and the resistance zone 1754. Breakout or Breakdown […]
Understanding Tick Volume and Metatrader 4 I tried different Metatrader 4 trading terminals from two different brokers and the volume data is different in both the trading terminals at the same time. Does the broker use different […]
Beginners Guide to ETF Investing In a life full of abundance, it has been become increasingly difficult to make the right decision on the right investment at the right price and right time. There are a plethora of choices […]
Nifty Futures Trading Outlook – Aug 2017 Expiry Nifty futures on the daily charts continues it positive sentiment with one timeframing visible on the daily timeframe. However trading range was tighter due to the prevailing low […]
Leave a Reply