As you can see today's decline stops on the top of KUMO (green line) @1314.64 and now the Gold is reacting.
MACD & RSI are bearish. The critical level is the SPAN A (green line) on the top of KUMO and Kijun Sen (blue line above the KUMO).
If the pair break the SPAN A and gets into KUMO the position is short for 1296.
If the pair breach the Kijun Sen @1320 the position is long for 1331 again.
The USDollar today is very bullish.
MACD & RSI are bearish. The critical level is the SPAN A (green line) on the top of KUMO and Kijun Sen (blue line above the KUMO).
If the pair break the SPAN A and gets into KUMO the position is short for 1296.
If the pair breach the Kijun Sen @1320 the position is long for 1331 again.
The USDollar today is very bullish.
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Related publications
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.