Has GOLD made its low?

2023年9月19日

It seems that GOLD might have made its low.

-Price turned 200EMA back to support (red moving average)
-Showing rising demand on the three lows I marked, and last one is the highest (rising demand).
-RSI break?

(White arrow)
When/If this lower high is broken then the price structure changes from lower highs to first time making higher high since may. Which gives me more conviction for a trend change. (ofc price has to stay on top of this level for keeping this valid)

The higher low break on 200EMA works as stop loss for me

I have around 2.5% of my net worth on Gold/Silver. I'm planning to make it bigger cause Gold will possibly run around 2.5k-3.5 in 2-3 years, and silver $50-$100
Good investment for years to come as quantitive easing etc will keep going harder than ever..



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