Comments on: Market Analysis & Trade Ideas 8-6-21 https://rightsideofthechart.com/market-analysis-trade-ideas-8-6-21/ Stock Trading, Investing & Market Analysis Mon, 20 Sep 2021 15:38:48 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: rsotc https://rightsideofthechart.com/market-analysis-trade-ideas-8-6-21/#comment-22349 Tue, 10 Aug 2021 16:02:31 +0000 https://rightsideofthechart.com/?p=204736#comment-22349 In reply to jkucera.

Yes, daily PPO on GLD is below the zero line & pointing down after being rejected off the zero line (bearish). On the flip side, GLD is still above the 158 major support (bottom of the buy zone) with the longer-term charts still indicating that gold is in a corrective phase within a larger bull market. Bottom line: A mixed bag of technicals for sure plus the recent impulsive break below support on the 60m chart of /GC was certainly near-term bearish. I’ll continue to provide regular updates on gold for the time being.

]]> By: becky https://rightsideofthechart.com/market-analysis-trade-ideas-8-6-21/#comment-22340 Sat, 07 Aug 2021 17:57:55 +0000 https://rightsideofthechart.com/?p=204736#comment-22340 In reply to jkucera.

Yep and dollar is about to make a golden cross on moving averages. I am surprised that Randy isn’t taking about it.

]]> By: jkucera https://rightsideofthechart.com/market-analysis-trade-ideas-8-6-21/#comment-22339 Fri, 06 Aug 2021 17:34:55 +0000 https://rightsideofthechart.com/?p=204736#comment-22339 Randy isn’t the PPO below the Zero line heading down on GLD?

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