May 4, 2019
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^XAU PHLX Gold and Silver Index Stock Charting
Study PHLX Gold and Silver Index charting with MACD indicator.
^XAU goes from high to low and retest low again. If you will looking at MACD indicator, you see a signal on positive MACD divergence. Standing by for a trend change.
Price action after retest the low and begin to reversal. Thereafter sideways and thereafter breakout lower. See chart.
Trade with eyes open.
Moses Stock Analysis
AmiBrokerAcademy.com
Disclaimer
The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.
These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.
Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.