GOLD BACK IN OUR ACCUMULATION ZONE
Since the last two months, GOLD has seen tremendous movement in both sides.
Few trading sessions back, I had posted to hold LONG positions has the GOLD was hovering around our Bearish Zone.
We have seen a RSI Trend reversal and the GOLD has recovered quite a bit as the market is consoldating (which has been the mood in the last few weeks).
Few trading sessions back, I had posted to hold LONG positions has the GOLD was hovering around our Bearish Zone.
We have seen a RSI Trend reversal and the GOLD has recovered quite a bit as the market is consoldating (which has been the mood in the last few weeks).
Note
Breakout on 9th October!Note
GOLD is up! Entered our accumulation zone.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.