jashjacob

Heavy Accumulation Seen in GOLD on 8th SEP - Rejection Range

Largo
jashjacob Actualizado   
FX:XAUUSD   Oro al contado/Dólar estadounidense
Still there is no good news about any vaccine regarding COVID-19, there is still heavy hedging by investors in Gold to protect their funds. Gold is within the accmulation zone and has been range bound in the last few weeks.

Downside breakout was tried but failed and bounce back was seen in the last 2-4 trading session.

GOLD is bullish.
Comentarios:
Gold has breached upside accumulation zone line. If sustains, GOLD will move higher.
Operación cerrada manualmente:
Gold fallen below to our bear zone indication.

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