Monthly Gold chart below: I see a potential green light for XAUUSD to get to between 2200 and ~2300 on the next leg to compete the monthly from the 1050 low. There is a weekly chart pointing to around 2700 but I don't like this chart for near term and expect it to be replaced. It might hit, but I would expect a downturn before it does - unless gold turns Bitcoinish and defies gravity for a while lol.
This is a custom chart based on exponential virus transmission and extrapolated to gold. Each timeframe has a different color and is divided into 4 quarters. This is a filtered view of what my robot sees.
Monthly Gold chart below: I see a potential green light for...
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Last
$3.94 |
Change
-0.080(1.99%) |
Mkt cap ! $7.824B | |||
| Open | High | Low | Value | Volume |
| $3.99 | $4.02 | $3.93 | $28.50M | 7.198M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 81269 | $3.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.95 | 136207 | 2 |
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| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| EVN (ASX) Chart |