From 1850 to 1990$ - the GOLD is getting more interesting. I will be adding up more if the resistance is taken off and the price follows through.
GOLD https://t.co/l6pEGDpAkL
Most interesting chart:
— The_Chartist \U0001f4c8 (@charts_zone) February 12, 2022
Orange line = Gold
Blue Curve = Gold/S&P 500
Previously the ratio crossed 50 days MA in Feb' 20 with Gold giving a breakout on the charts. The previous cross of 50 days MA didn't result in gold breaking out. pic.twitter.com/HRG1fvsILp
More from The_Chartist 📈
These high-volume selloff candles right before any -ve news always intrigue me. the same thing happened with Infosys before the whistleblower complaint was out & the stock gapped down. TV 18 & VTL were other examples.
Fresh case - RUPA https://t.co/nqq5nI1wLU
Fresh case - RUPA https://t.co/nqq5nI1wLU
Respect your stop losses in the stocks that have gone down today with heavy volumes even on a strong day.
— The_Chartist \U0001f4c8 (@charts_zone) March 17, 2022
VTL pic.twitter.com/3pJ9XngCDL
More from Gold
What my simple analysis showed was the decadal breakout in making in #Gold along with the outperformance over S&P500 #SPX
Result?
1850$ to 2070$
Updated chart https://t.co/l6pEGD7r6D
Result?
1850$ to 2070$
Updated chart https://t.co/l6pEGD7r6D
Most interesting chart:
— The_Chartist \U0001f4c8 (@charts_zone) February 12, 2022
Orange line = Gold
Blue Curve = Gold/S&P 500
Previously the ratio crossed 50 days MA in Feb' 20 with Gold giving a breakout on the charts. The previous cross of 50 days MA didn't result in gold breaking out. pic.twitter.com/HRG1fvsILp