Web Statistics gold analysis - gold technical chart

Saturday 18 June 2016

gold analysis - gold technical chart



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gold analysis - gold technical chart  ?



gold analysis - gold technical chart
gold analysis - gold technical chart 



gold analysis - gold technical chart 

todays chart is all about gold analysis - or the gold technical chart

Well since the market had a bit of a bad week, you can see that gold is starting to SHINE!....

That is right! I keep hearing alot of analysts writing off gold, and they have done so for a many years! But it seems the last few months they are eating crow pie, and cannot explain what is going on. The market is not holding, yet GOLD and SILVER are skyrocketing. Well, ok, not skyrocketing to the moon, but these postive advancements are enough for my eyes to prick up and take notice. See the chart below....

The GLD chart below is clearly seeing some nice buying activity. Not only that, its trying to bust to new highs right now, with the MACD on a heavy BUY signal!! That could be good news for gold investors, because the market seems to be selling off at the moment, with the S&P and nasdaq lagging, but this little baby does not seem to be!!! Some of our members are doing rather well with their gold investments, but I do not think they are done with it, just yet! Something is tell me GOLD is not going to die a fast horrible death! Not at all..... 



I guess we will see, with nervousness with the FED and BREXIT next week, there are going to be big moves coming. That I can assure you. But are you ready for them, would be my question?


 I cover more and more technical analysis ==> HERE in our VIP members section.



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