Gold Spot / U.S. Dollar

GOLD accumulation and bear zone

Updated

An small analysis of the accumalation zone for GOLD. If gold falls below the Bearish Signal, we can expect price to fall for quite a bit.

Trade active

Global markets opened with Gold being on the +ve side.

Trade active

Still in accumulation zone.

Trade active

Trading in our accumulation zone.

Note

False breakout on the downside on Aug 26th trading session. Gold price bounced back above $1950.00

Note

False breakout on the upside on Aug 27th Trading session. Gold touched a high of $1972.00 and fallen below $1950.00 range.

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Accumuate GOLD at $1940 to $1960 range

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