Technical Analysis
Chart: Shows that we are in an uptrend with the Standard ABCs of Elliot Wave definitely underlying the growth in the trend that is supported by the fundamentals deriving from Golds safe haven.
EMA shows that there could be a slow down in growth however we are still able to hit our target of FIB 0.618 or 1908.
MACD showing that we are at the cross roads meaning that a small bounce of the yellow line will result in another bullish trend for the next two days.
Chart: Shows that we are in an uptrend with the Standard ABCs of Elliot Wave definitely underlying the growth in the trend that is supported by the fundamentals deriving from Golds safe haven.
EMA shows that there could be a slow down in growth however we are still able to hit our target of FIB 0.618 or 1908.
MACD showing that we are at the cross roads meaning that a small bounce of the yellow line will result in another bullish trend for the next two days.