XAUUSD DEC 26 2016 D1 Chart
I think that the Gold should go up for a long term. WHY?
-RSI shows that this pair is oversold.
-MACD shows that we should see a reversal situation soon.
-We hit the 0 fib level.
-This pair should go up until the 0.5 fib level (strong resistance level) TP.
-RSI shows that this pair is oversold.
-MACD shows that we should see a reversal situation soon.
-We hit the 0 fib level.
-This pair should go up until the 0.5 fib level (strong resistance level) TP.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.