May 20th, 2022: Gold — First signs of stabilization

Review

Silver in US-Dollars, daily chart as of May 20th, 2022. Source: Tradingview

Technical Analysis: Gold in US-Dollar

Weekly Chart — Recovery towards US$1,855

Gold in US-Dollars, weekly chart as of May 20th, 2022. Source: Tradingview

Daily Chart — Stochastic with a new buying signal

Gold in US-Dollars, daily chart as of May 20th, 2022. Source: Tradingview

Commitments of Traders for Gold

Commitments of Traders for Gold as of May 18th, 2022. Source: Sentimentrader

Sentiment for Gold

Sentiment Optix for Gold as of May 18th, 2022. Source: Sentimentrader

Seasonality for Gold — First signs of stabilization

Seasonality for Gold over the last 53-years as of May 18th, 2022. Source: Sentimentrader

Macro update:

German wholesale prices as of May 16th, 2022 ©Holger Zschaepitz
Financial conditions tighten, from May 9, 2022. ©Sentimentrader

Conclusion: Gold — First signs of stabilization

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