"His gold chart is quite bullish too..."Mine isn't...Weekly...

  1. 2,863 Posts.
    "His gold chart is quite bullish too..."

    Mine isn't...

    Weekly shows bearish divergence between SP & MACD & the resulting bearish signal line cross = sell

    ADX has turned down while above DMIs, (blue arrow) = sell

    Bearish divergence between SP & RSI = sell

    Bearish divergence between SP & slow stochastic, drop below overbought = sell

    Target = lower Bollinger band = $1059 & rising





 
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