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Gold: Golden Cross Formation Looks More Attractive For Bulls

By Satendra SinghCommoditiesJan 10, 2019 07:39AM ET
www.investing.com/analysis/gold-golden-cross-formation-looks-more-attractive-for-bulls-200374343
Gold: Golden Cross Formation Looks More Attractive For Bulls
By Satendra Singh   |  Jan 10, 2019 07:39AM ET
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On analysis of the movements of Gold futures in different time frames, I find that the formation of ‘Golden Cross’ in a daily chart looks evident enough to keep the bullish trend in gold intact; amid growing fear due to sliding global equity indices.

Gold Futures Weekly Chart - Expected Trading Zones From January 10th - February 6th, 2019
Gold Futures Weekly Chart - Expected Trading Zones From January 10th - February 6th, 2019

Gold Futures Daily Chart - Expected Trading Zones From January 10th - February 6th, 2019
Gold Futures Daily Chart - Expected Trading Zones From January 10th - February 6th, 2019

Gold Futures 4 Hr. Chart - Expected Trading Zones From January 10th - February 6th, 2019
Gold Futures 4 Hr. Chart - Expected Trading Zones From January 10th - February 6th, 2019

Gold: Golden Cross Formation Looks More Attractive For Bulls
 

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Gold: Golden Cross Formation Looks More Attractive For Bulls

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Satendra Singh
Satendra Singh Jan 10, 2019 8:03AM ET
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For more in-depth analysis on gold join me on u tube - ss analysis
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Disclaimer: This analysis is purely based on the technical observations. I do not have any position in Natural Gas. One can create position in Natural Gas at his/her own risk.
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