Is GOLD melting?
It's pretty rare when I'm so convinced about a chart.
But GOLD seems to be a complete trap for investors that don't know anything about the market.
All the uptrend we have so far, is not healthy at all. Now this double top and all the divergences we have (4H and Daily) on RSI, MACD, etc.
We should see a waterfall, with a lot of people losing big, because they believed GOLD was the only solution to this crisis.
The same who believed it was the right time to buy OIL.
But GOLD seems to be a complete trap for investors that don't know anything about the market.
All the uptrend we have so far, is not healthy at all. Now this double top and all the divergences we have (4H and Daily) on RSI, MACD, etc.
We should see a waterfall, with a lot of people losing big, because they believed GOLD was the only solution to this crisis.
The same who believed it was the right time to buy OIL.
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