Golden Goose (GOLD) What Does the Chart Say Sunday?

Sunday, February 06, 2022 06:27 PM | InvestorsObserver Analysts

InvestorsObserver gives Golden Goose a weak short-term technical score of 6 from its analysis. The proprietary scoring system considers the token's trading history over the past month to determine the strength of its short-term technicals. GOLD has currently traded better than 6% of tokens based on these metrics. Investors focused on healthy recent trading patterns should find the short-term technical ranking system more relevant when making investment decisions.

InvestorsObserver is giving Golden Goose a 6 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Golden Goose!

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Trading Analysis

Golden Goose is $0.000280 (34.94%) above its 30-day low of $0.000800200 while -$0.002877 (-72.71%) below its 30-day high of $0.00395636. In addition, GOLD's current price of $0.001079793 is under its 30-day moving average price of $0.001660359, leading to a weak short-term technical score. Overall the recent trading history of Golden Goose suggest that investors are bearish on the token at the moment. GOLD has a relatively low market cap for a token with a total market value of $179,239.34. Golden Goose's relatively low market value comes as it sits under $100 million while the top 100 cryptos remain above $1 billion in market cap and the top 500 sit above $100 million. Golden Goose's average volume meanwhile is low with $542,972.50 worth of the token traded over a typical 24 hour period. GOLD's volume is relatively low as the most traded 100 cryptos typically have $100 million exchanged each day and smaller cryptos tend to sit under $5 million traded over 24 hours. As of the past 24 hours, GOLD's volume is below its average with $73,519.36 exchanged.

Summary

GOLD's recent trading over the past month give it a weak short-term technical score as its recent price movement give traders reason to be more bearish on the token in the short-term. Click Here to get the full Report on Golden Goose (GOLD).