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Wednesday, 5 October 2016

Gold Technical Analysis: 5 October 2016, Wednesday, 9.02pm Singapore Time

Gold Technical Analysis: 
5 October 2016, Wednesday, 9.02pm Singapore Time

Attached above is the technicals for Gold. To see how bullish Gold is despite healthy correction that is enough to knock weak investors off from the boat to riches, the light blue technical lines highlight just how bullish the price structure of Gold is. Huge amount of supports in the Gold market. Anywhere below $1300 is undervalue for Gold. The entire brown circled region is the region of the newly-born bull market of Gold for resumption to super-cycle uptrend. The stocks-equities rally, commodities rally, oil market rally and precious metal rally of 2017 is intact.

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