Wall St. Bullish, Main St. Leans Bearish On Gold Next Week
Kitco survey
This week's jobs reports sealed the deal on a rate hike, so could the news get any worse for NUGT in this oversold market?
I drew in this lower blue line sometime ago and we touched it as the RSI touches the bottom, ADX too, and the MACD is consolidating while the SAR line is close.
However, the weekly RED line gives me less longer term confidence that this is the bottom.
WEEKLY:
Edited by Rogerdodger, 10 March 2017 - 01:10 PM.