GOLD

6 thg 3, 2024

Current BUY conditions for XAU/USD (GOLD)/USD. As of now, we are in the HOLD zone, meaning I will only hold till we head to next take profit levels, or once all three oscillators are at our buy or sell zone! (Or I buy a small portion if Orange Box Fib levels get hit!). I do take profits on past support/resistance levels (I been posting on the charts, but I only take 10-30% profits here). Once all oscillators are at over bought territory (above the red line), then I start taking massive profits regardless of top!

1. RSI ON THE 2WEEK IS 64 (NOT CHECKED!)

2. RSI ON THE WEEKLY IS 66 (NOT CHECKED!)

3. RSI ON THE DAILY IS 78 (NOT CHECKED!)

4. STOCHASTIC RSI ON THE DAILY: about 100 (NOT CHECKED!)

5. FEAR AND GREED INDEX IS "EXTREME GREED" (NOT CHECKED!)