December 7, 2016

Moses Stock Analysis – ^XAU

^XAU | PHLX Gold/Silver Sector Index

This is a further update from the last posting. We look at the Gold/Silver Sector Index chart from a different angle. Okay?

From the chart, you can see the price action is below 34 EMA wave, so look for opportunity to short as the market still bearish. Where to short? 34 EMA Wave is an optima zone. So if can trigger near the optima zone! It will be even better if can find a resistance, a bearish candlestick pattern.  Have fun!

December 6, 2016 Phlx Gold/Silver Sector Index Chart

Moses Stock Desk

AmiBrokerAcademy.com 

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