GOLD 0.51% $1,391.7 gold futures

us ppi falls 1% cpi falls 0.2% qeiii coming!, page-30

  1. 4,906 Posts.
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    "BTW I am stil waiting for a response from him regarding the 50dma chart I posted the other day"


    Woteva

    I replied to you the other day with 4 charts and commentry...no reply from you I wonder why.

    Here is the Gold chart for the entire 10+ year bull run.
    The light blue line is the 50dma, the Gold price has traded above and below the 50dma the for entire bull run, so what is your point trade gold based on the 50 dma?
    The 50dma was below the 200dma when it crossed at $803 during the GFC then it crossed back above the 200dma at $904 ,$100 dollars higher so what is your point woteva???


 
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