Home > heikin-ashi > Heikin-Ashi and Gold Miners $GDX $SLV $GLD #stocks #markets #trendfollwoing

Heikin-Ashi and Gold Miners $GDX $SLV $GLD #stocks #markets #trendfollwoing

June 2, 2014

 

Philadelphia Gold and Silver Index (XAU) daily

  • Reaction due to the oversold condition (green area).

www.educofin.com

 

Philadelphia Gold and Silver Index (XAU) weekly

  • The reason why the reaction on the daily chart lacks energy (red circle).
  • The arrows show (again) what follows after a crossover at/near zero. Avoid!

 

Philadelphia Gold and Silver Index (XAU) monthly

  • Consolidation with room to fall further to its bottom.

 

 

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