Gold: ‘Golden Cross’ Will Enhance Bullish Sentiments, Bring Out The Bulls

12

Since my last analysis, on the movements of Gold futures, in different time frames, they have started to complete a ‘Handle’ formation in the “Cup With Handle” formation which I conclude will enhance the optimism among the gold bulls. The formation of a “Golden Cross” in the daily chart pattern in January looks evident enough to enhance optimism among gold bulls, who may start a shooting spree before the weekly closing.

Watch my commentary https://youtu.be/VVCH9KueZ3Y on gold.

Gold: 'Golden Cross' Will Enhance Bullish Sentiments, Bring Out The Bulls

Gold Futures Daily Chart – Expected Trading Zones For March 8th – April 17th, 2019

Gold: 'Golden Cross' Will Enhance Bullish Sentiments, Bring Out The Bulls

Gold Futures 4 Hr. Chart – Expected Trading Zones For March 8th – 17th, 2019

Disclaimer: 1. This content is for information and educational purposes only and should not be considered as an investment advice or an investment recommendation. Past performance is not an indication of future results. All trading carries risk. Only risk capital be involved which you are prepared to lose.

2. Remember, YOU push the buy button and the sell button. Investors are always reminded that before making any investment, you should do your own proper due diligence on any name directly or indirectly mentioned in this article. Investors should also consider seeking advice from an investment and/or tax professional before making any investment decisions. Any material in this article should be considered general information, and not relied on as a formal investment recommendation.

LEAVE A REPLY

Please enter your comment!
Please enter your name here