XAU has reached .5 fib correction target and stopped.
Previously 4h rsi divergence had been observed. Similar wedge pattern is forming.
Now correction is almost done (rsi). Short gold for a week or two before Big long. Target 1170-1200.
Previously 4h rsi divergence had been observed. Similar wedge pattern is forming.
Now correction is almost done (rsi). Short gold for a week or two before Big long. Target 1170-1200.
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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.