GOLD accumulation and bear zone

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An small analysis of the accumalation zone for GOLD. If gold falls below the Bearish Signal, we can expect price to fall for quite a bit.
Dagangan aktif
Global markets opened with Gold being on the +ve side.
Dagangan aktif
Still in accumulation zone.
Dagangan aktif
Trading in our accumulation zone.
Nota
False breakout on the downside on Aug 26th trading session. Gold price bounced back above $1950.00
Nota
False breakout on the upside on Aug 27th Trading session. Gold touched a high of $1972.00 and fallen below $1950.00 range.
GoldTrend Analysis

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