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Strategies & Market Trends : Underexposed Technical Analysis

AQN 5.810

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Dec 10 3:59 PM EST

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kimberley

WalterWhite

From: Underexposed	9/5/2019 7:01:43 PM
	2 Recommendations of 914

DIS: IS the rise of GOLD and GOLD STOCKS ended we have seen a 2.25% drop in the price of Gold and Gold stocks reacted to this loss....as much as losing 6% in some cases. Is that it....do we abandon Gold and Gold stocks????? Well I will show just two charts to support my conclusion. Well there it is .... that big dip of 2.24% in the Trigger chart BUT... look at the indicators especially the Slo Sto.... It did NOT move a muscle... it is still well into the bullish, above 80 zone. Look at the BBwidth.... it slowed a bit but still falling.... That dashed blue line at the bottom shows the level the BBwidth reaches when Major movements happen. I think we are 3-5 days away from getting there. The Ichimoku chart and indicators show not a trace of bear Conclusion This is nothing more than profit taking and skittish investors who cannot trust anything. It is probably a good Buy-on-the- Dip situation if you like doing that.... nothing here hints at a sustained fall in the price of Gold. UE

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