This ratio is in a widening falling channel perhaps a megaphone.
This is indicative over increasing volatility over a period of several months.
Gold could reverse and uptrend but for the time being the trend is down
with increased volatility.
I see forex spot gold long trades when price is low in the channel and
short trades when it is in the upper portion of the channel with the stop losses
just outside the channel. Stock trades in leveraged junior miners is another
consideration.
This is indicative over increasing volatility over a period of several months.
Gold could reverse and uptrend but for the time being the trend is down
with increased volatility.
I see forex spot gold long trades when price is low in the channel and
short trades when it is in the upper portion of the channel with the stop losses
just outside the channel. Stock trades in leveraged junior miners is another
consideration.
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.