GOLD 0.51% $1,391.7 gold futures

long from 925?, page-3

  1. 2,863 Posts.
    Looks like momentum's drying up and a repeat of the new year decline is next.

    A divergence between the MACD line & the MACD Histogram as in January looks to be on tonight, (higher MACD peak but lower Histogram peak), should result in a bearish MACD signal line cross.

    If that plays out you're also looking at divergence between Price & the MACD line, (thicker lines - higher price peak not backed up by a higher MACD peak).

    I think the lower Bollinger band will come into play - currently @ $849

    IMO, DYOR

    Value at posting: $0.00
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