Gold is a chemical element with the symbol Au and atomic number 79, making it one of the higher atomic number elements that occur naturally. In a pure form, it is a bright, slightly reddish yellow, dense, soft, malleable, and ductile metal. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under standard conditions. en.wikipedia.org
Our Global Algorithmic Trading Software (GATS) #5 indicates the following for Gold
The Long Term Trend (LTT) is currently Bullish
The Medium Term Trend (MTT) is currently Bearish
The Short Term Trend (STT) is currently Bullish
The Micro Trend (MT) is currently Bullish
We are bullish on Gold with potential trade entry signal as follows:
Global Entry Signal : 1820
Global Trailing Stop Distance: 1759.46
Global Target Profit : 1894.37
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