GOLD 0.51% $1,391.7 gold futures

gold, page-19496

  1. 7,702 Posts.
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    Is that a lot? Please tell me your understanding. Is this finally a reversal of the trend since 2011? Or even the recent lows in the 1,120's?
    I honestly don't know.
    What are the technical (Chart) characteristics of a genuine trend reversal? I tried to explain my views a few days ago, but got no feedback.
    So, I guess, I wsas wrong.
    Actually it's 1,146.79 0.47% now (using tradingview.com - data providers will differ). And prices will fluctuate.
    Is the Asia session important? My limited understanding is that it's not, it's trivial, tepid, and its the LON and NY sessions that count, esp the Opens, tho sparks can fly at any time in those major trading session.
    Thanks, and have a great New Year.
    Last edited by wombat53: 29/12/16
 
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