GOLD gold futures
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Woteva,Don't know about you but I never make a decision from...

  1. champ2003
    12,639 Posts.
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    19/04/12
    17:18
    Post #: 10007259
    Woteva,

    Don't know about you but I never make a decision from only one indicator.

    I always make sure at least 4 indicators point to the same thing before I make a decision either way.

    -The MACD seems to be turning up which could be bullish.

    - The Slow sto is bottoming out and every time that it has dine that in the past the price of gold has risen substantially.

    - The RSI looks to be over sold and is slightly recovering. Too early to tell but could be bullish?

    - An inverted head and shoulders pattern in Gold is occurring. Could be bullish??





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