The future of gold
Lately we have seen a very weird scenario in gold and the xau index. They have differented from each other, although they have been following each other for a long time, as you can see on the chart. (Red line illustrates XAU index and canldes gold).
An AB=CD pattern and a bearish gartley pattern is soon formed in XAUUSD and that is a good short setup, since we are in a downtrend. However as mentioned above, gold is differenting from the xau index. Will XAUUSD fall off from a cliff to meet the index downtrend, or will it sky rocket with the index?
I am short at the gartley D completion, however my stops are tight.
The storm is coming. Let's make some money!
An AB=CD pattern and a bearish gartley pattern is soon formed in XAUUSD and that is a good short setup, since we are in a downtrend. However as mentioned above, gold is differenting from the xau index. Will XAUUSD fall off from a cliff to meet the index downtrend, or will it sky rocket with the index?
I am short at the gartley D completion, however my stops are tight.
The storm is coming. Let's make some money!
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน