TradingView
wurucututu
Sep 7, 2020 5:06 AM

[GOLD] Hope for the best but be prepared for the worst 

GoldOANDA

Description

This my conservative view of a "sh*t hitting the fan" scenario for gold.

Let me know what you think.

Comment

Comment

⚠️ Stock Market ⚠️
SPX and DJI -2%
IXIC -2.7%
TSLA -17%
APPL -3.5%

Comment


50SMA offered great support and price inside triangle again.

Comment

Comment

Comment

Comments
Saeed966
thanks for sharing! this is what I see on XAUUSD:
wurucututu
@Saeed966, thank you
Saeed966
Thanks
UnknownUnicorn100937
Getting close. The local daily top looks like a descending triangle whose target is confluent with your analysis.
wurucututu
⚠️
leroyessel0
The Dollar Chart Index is rising up in value ($0.9344) on 9/8/2020 at 3 AM PST. We observe Kitco Gold & Silver going down in price accordingly. Gold is falling fast and trading at $1,911 resulting in drop in price of $16.90 and we notice that crypto currencies are also dropping much lower than expected.
More