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SeanKwek: According to 1 may 2011 the same candle and Rsi patterns happened . Under week chart . A big plunge of xauusd price. After that day within 3 months it rise from 1578$ to 19xx$ the highest gold price in history. As of now D1 chart gold sitting safely right at 61.8% fibonacci level. Bounce at MA :50 period. Good to buy at 1586.1 price . Get commentary on the Futures and Commodities markets from industry experts and trusted Barchart partners. Futures Trading Signals. Provides links to futures contracts that are at a 100% Buy or a 100% Sell Opinion. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods
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