Sunday, August 14, 2022

Author: algotip

Charts, Gold
Gold – Buy Signal

The price of gold is moving higher after a day of consolidation around the $1,550 level. A buy signal at the price 1,560.9 that just was recorded implies that the positive price action will continue. The gain from the last sell signal is around $10.

Charts, Gold
Gold – Buy Signal

The month is ending with a really bad trade for gold. The loss is above 10 dollars because no gains were accomplished after the sell signal earlier this morning. The price bounced back after a few hours of hesitation and recorded a new buy signal at the price 1,584.4.