Gold is going down ... at least in the short term.
I see a Head and Shoulders pattern forming with the head just peaking a few days go. We should see gold move down in the next day or two.
I have 2 options for the right shoulder.
I use the DMI, MacD and Stoch RSI to point me in the which direction.
I also use Fisher indicator and Commodity Channel Index for entry point. (not shown)
I use the CCI as opposed to the RSI because I can get more buy signals with it.
I have 2 options for the right shoulder.
I use the DMI, MacD and Stoch RSI to point me in the which direction.
I also use Fisher indicator and Commodity Channel Index for entry point. (not shown)
I use the CCI as opposed to the RSI because I can get more buy signals with it.
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Delete the word "which" in the second paragraph.