Gold price analysis, 13 Sep 2018 [Dtube]

in #money6 years ago


Gold chart & GDX chart, 13 September 2018.
Gold and GDX are likely to move up over the next several weeks:
DXY is has been under 20 DMA for 3 weeks; Gold was oversold in mid-Aug; GDX chart shows a positive divergence; GDX gave us a large-volume green day.


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I hope so! I am expecting a stock market crash sometime in the next month or so and I think gold wil rally hard during or after the crash

Maybe if the FED is too hawkish on 26th of Sep, the stock market might falter as you say.

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