Knowing when it’s time to buy gold

Technicals

Many members have been asking when the time will be right to buy gold. The answer really lies within the weekly chart. First, looking at the weekly chart below we see weekly ADX at 73.8 a very strong trend. DI- is far from DI+ but has started dropping as the price action moves up from 1200.

Click to enlarge.

Have a prosperous trading week.

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