This blog is about how the world stock markets perform and which way they will take next.I have developed my own technical tools during 30 years to give the investor early warnings for coming big changes in the main trends and for the trader to take positions before the markets react.
GOLD month 18:588 MA
Month. The bottom of gold will probably not test the low again. This chart gives the main impression that gold will take off on upside. The big thing is to get a monthly close above 1.300. If that happens the target will be 1.900 after a long time. For positions I think that a set back to the blue 8 MA will be a buying opportunity.