Due to the shortened trading session yesterday, a big swing up in Gold was muted, in-part of the U.S. having limited trading hours on the futures markets.
Based on the technicals, it seems like Gold has put in a bottom for now and is undergoing a short-term trend-reversal. Until it trades at 1336.8, I'm neutral here (long position but neutral outlook for it).
The CM Williams VIX Fix is showing that a temporary bottom formed a few minutes ago. Around 1336.8, we should see the money flow turn positive (CMF)..from there it could rip for a bit. we'll see.
Based on the technicals, it seems like Gold has put in a bottom for now and is undergoing a short-term trend-reversal. Until it trades at 1336.8, I'm neutral here (long position but neutral outlook for it).
The CM Williams VIX Fix is showing that a temporary bottom formed a few minutes ago. Around 1336.8, we should see the money flow turn positive (CMF)..from there it could rip for a bit. we'll see.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.