RE: Where Is Gold Headed ?

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Where Is Gold Headed ?

in steemsilvergold •  8 years ago 

Just to support your Analysis for buying Gold; Stochartsic is oversold this signifies the changing of market direction upward, also those who analyse based on shapes will argue that the formation of last leg of "W" on the above charts no doubt suggests that market will move in upward direction. Therefore based on your Chart the Bullies are stronger than Bears.

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Thanks for that Debril. Nothing is certain, but the chart does seem to support further movement to the upside.