$GOLD Index - Q3/2023 *3M (Quarterly)

Looking at GOLD on the 3M(Monthly) Tf(Time-frame)
from an investor perspective view of positioning;
(long-term investing on the yellow stone)

we can see it sitting at no men's land at the current price,
as well Changing Character and Breaking Market Structer (Lower Low) in price action ;
(Lows of Q2)


Despite its Bearish Price Action on *3M ,
States and Central Banks around the World have continued accumulating,
spreading wide their balance sheets in-to GOLD Reserves .

And so have done many another States,
including 2 out of three Global Superpowers of
China CNGRES and Russia RUGRES

評論:

Idea's Clear Chart of *3M

交易進行:

Best of luck to anyone who took action upon Quarterly Idea.
It has been an hell of a bounce experienced by GOLD