Key Inflection Level in Spot Gold?

[DannyBly 10]

Gold back at 6-month highs after Bank of Japan stimulus -

 

Looking at the daily chart we can see that Spot Gold (XAU/USD) is trading right at resistance of the major downtrend line and also that MACD is close to the zero line.

 

Chart courtesy of Oanda

 

[bobcollett 10]

Gold back at 6-month highs after Bank of Japan stimulus -

 

Looking at the daily chart we can see that Spot Gold (XAU/USD) is trading right at resistance of the major downtrend line and also that MACD is close to the zero line.

 

Chart courtesy of Oanda

 

 

Hi Dannyboy

What are you saying?

regards

bobc

[Obsidian 10]

if talking about gold - usd/jpy correlation, here is a chart