Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
Based on a pre-defined weighted trend formula for chart analysis, XAUUSDO scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
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Gold Spot (FOREX:XAUUSDO)Very Weak Downtrend quotes.ino.com/img/sites/club/redarrow.gifSmart Scan Chart Analysis shows the current downward trend is at a crossroads and has ...