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!
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。