InvestorsHub Logo
Followers 679
Posts 141024
Boards Moderated 36
Alias Born 03/10/2004

Re: DiscoverGold post# 1163

Wednesday, 06/21/2017 9:00:36 AM

Wednesday, June 21, 2017 9:00:36 AM

Post# of 5531
Gold Update >>> Dollar (UUP) ST Trend Model BUY Signal
By Erin Heim | June 20, 2017

GOLD

IT Trend Model: BUY as of 5/22/2017

LT Trend Model: BUY as of 4/12/2017

As a consequence of the Dollar rallying, Gold is in full decline. I'm concerned we are looking at a large double-top with a neckline at $1215. If this is a double-top, the minimum downside target for the pattern would be $1120 or around the December low. Indicators are all negatively configured. . .



http://stockcharts.com/articles/decisionpoint/2017/06/dp-alert-dollar-uup-st-trend-model-buy-signal---oil-hits-last-chance-support.html

DiscoverGold

*** For Market Direction and Trends visit our board:
https://investorshub.advfn.com/Market-Direction-and-Trends-26249/

Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must!
• DiscoverGold

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent GDX News