XAU/USD
Traders and Investors Welcome to my forecast
First of all thank you for analysing my chart and taking the time to reflect on it. A brief summary:
* We start to see significant approaches between the 200 MA and the 50 MA indicators
* I assume that prices are still not overbought based on the RSI, however prices will be soon after the optimistic and appreciation period in gold.
* Investment banks, commercial banks and investment banks will start liquidating their positions, more price volume means there is/will be a significant move in demand.
Thanks for reading and regards,
Kevin C. Best
First of all thank you for analysing my chart and taking the time to reflect on it. A brief summary:
* We start to see significant approaches between the 200 MA and the 50 MA indicators
* I assume that prices are still not overbought based on the RSI, however prices will be soon after the optimistic and appreciation period in gold.
* Investment banks, commercial banks and investment banks will start liquidating their positions, more price volume means there is/will be a significant move in demand.
Thanks for reading and regards,
Kevin C. Best
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.