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0.51% $1,391.7 gold futures

Having a laugh @Ece411 ...... holiday season...:D 1 year daily...

  1. GrandJury
    574 Posts.
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    27/12/16
    14:47
    Post #: 21564872
    Having a laugh @Ece411 ...... holiday season...

    1 year daily using the COMEX continuous contract, MACD is the lowest it’s been in the last 52 weeks. If you take it back a lot further it’s actually as low as it’s been since it's low in July 2013. Back then we had a pretty big move when the MACD got to this level. The MACD is showing it’s most oversold level reading on a daily basis since July 2013. Gold bounced from $1180 to $1428 in the next 2 months.. pretty large bounce of $248.

    Another indicator which are screaming buy right now…..
    Last edited by GrandJury: 27/12/16
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    lightbulb Created with Sketch.  Great analysis
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