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The 20 Month Exponential Moving Average has been a most reliable indicator …absolutely fool proof …with the one exception
That was an exceptional period in late 2008. Other than that if the Price is above the 20 Month EMA
Below Bearish
LOOK at the precision.
Excellent tool. Thanks.
Wish I would have seen this in 2013. Thanks for posting.
Look at the price of the 20 EMA. 1243. We’re right at the precipice & I sure hope we close the month above it.
I first wrote above that number in a post from April – As I was learning how to make charts it seemed to me that price was centered around 1243.
https://goldtadise.com/?p=368115
Good Eye Gary…lots of month left
Do we have twins?
I nicked Fully’s chart and posted it here with markings:
http://1000gold.blogspot.co.uk/2016/10/20-months-ema-on-gold-being-tested-twins.html
In fact I have two possible sets of twins on there. I am gonna post them on this site.