GOLD CANDLESTICK ON THE YEAR
#GOLD
2021 shows a very pessimistic market, the annual major price trend is indeed bullish, and 2021 is the correction. For this year growth YTD around -4.4% .
With a small body, the lower shadow more longer, the pattern looks Spinning Long Legs lower shadow.
it means the market is quiet and has no direction, but buyers are more dominant even though they closed with a minus.
NEXT 2022 - The direction is still not clear, but I see the upward direction is more dominant.
DISCLAIMER ON
2021 shows a very pessimistic market, the annual major price trend is indeed bullish, and 2021 is the correction. For this year growth YTD around -4.4% .
With a small body, the lower shadow more longer, the pattern looks Spinning Long Legs lower shadow.
it means the market is quiet and has no direction, but buyers are more dominant even though they closed with a minus.
NEXT 2022 - The direction is still not clear, but I see the upward direction is more dominant.
DISCLAIMER ON
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