What the Gold chart is telling you? Long from here? - page 2

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I think gold on the over sold now and prepare to raise on the next week.
 
alina.marabar:
I think gold on the over sold now and prepare to raise on the next week.

Gold is oversold? Perhaps not. However, it can rise next week although the chance is low.

 
THe gold has been and still until now manipulted by IMF & Federal Reserve and USA-CHINA Relationship.
 

Gold is playing with 200 DMA, but finds it very difficult to cross the hurdle. It’s really very difficult to cross the hurdle, given deluge of cash available in the economy. M3 money supply is huge. Who will buy gold? Why anybody would, given there is no need to escape to gold? Investors have plenty of productive asset classes to keep their money. Now cryptocurrencies are also in the list.

  

Money Supply - USA - MetaTrader 5
Money Supply - USA - MetaTrader 5
  • www.metatrader5.com
Money Supply is the measure of the country's money stock. M1 includes the most liquid resources: cash money in circulation, demand deposits, traveler's checks. M2 includes M1, time deposits (up to $100,000) and other high-liquidity savings. M3...
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