Last Bullish leg for GOLD

24. Apr. 2019

With all the divergence in 4hr and 1hr chart, it's likely that GOLD starts its bullish run from here to retest previous top, or even the multi-year top around 1360-1370. This is confirmed with the response from gold miner ETF (GDX/GDXJ) as well. But this might be the last up move for gold this year, so trade with care. I think GOLD is going to revisit 1200 area before the election year.

24. Apr. 2019

Anmerkung

1hr

24. Apr. 2019

Anmerkung

GDX retesting 200SMA and the trend line

25. Apr. 2019

Anmerkung

Not bad so far. The daily closing prices for the next few days are important. Let's see!

27. Apr. 2019

Anmerkung

Daily and Weekly closes are not bad, very likely gold printed bottom this week.

29. Apr. 2019

Trade wurde manuell geschlossen

Something is wrong, it seems going to visit previous low.