jamaldwayne
Short

Has GOLD entered a BEAR market? Weekly Chart

TVC:GOLD   GOLD (US$/OZ)
GOLDUSD Bull market has lasted 260 days from mid December 2016 thru to September 2017. We saw Three full intermediate up cycles and probably the Bull market reached its peak in September. Had it not been for Geopolitical concerns and military tensions between U.S. and NK             , the Bull market would have finished in July.

CCI and KST             are pointing towards a bearish sentiment, which isn't looking good for the bulls considering that the price has retraced 50% from the last primary intermediate on the WEEKLY chart and touched 60% retracement on 4H chart. The price needs to retrace 100% to confirm the dominance of bears in the market, but given the Global economic strength, shrinking unemployment and December interest rate hike in the US I think gold             will keep falling. Global economic reversal or military conflict should not be discounted.
Trade ist aktiv
Trade ist aktiv
Trade ist aktiv
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden