Gold- sitting on support.

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you can see by the chart that Gold is sitting right on support on adaptive moving average. If Gold close this 4 hour candlestick up above this support than it may be good chance to buy the dip. Because volatility be real high now with gold, adaptive moving average should be moving down, but it not budge hardly. This to me means that gold was not overextended/overbought to begin with before dipping. Thus, this may be good spot to buy, but only if it still sits on or over support at close of 4 hour candle.

Ms Bunny.
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okay, had I wait I may had make some money. but I got out at breakeven. oh well! <
Chart PatternsdynamicsupportandresistancefuturestradingGoldindexTechnical IndicatorsRelative Strength Index (RSI)Trend Analysis

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