21 April 2020
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Someone said, the gold price will come down. Will be even lower next year. Our view is, read your chart. Chart tells you every thing. But think think got more things lah.
Gossip – Stop Listening
Chart tell you all the story. Stop just listen to gossip. Learn the TA.
^XAU PHLX Gold and Silver Sector Index Stock Charting
Study PHLX Gold and Silver Sector Index Stock Chart and Price Action.
Trade with eyes open. Mange your risk.
Price Action
Price Action moves in zigzag and trapped within channel. Price Action get supported by the lower channel and resisted by upper channel.
Those that fall outside the channel are being trapped either buy the bull or bear.
Moses Stock Observation
AmiBrokerAcademy.com
Disclaimer
The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.
These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.
Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.