Gold Spot / U.S. Dollar
Short

XAUUSD bearish divergence

266
Hello everybody

Let's look at gold on the daily basis.
We see that it has formed an ascending triangle formation.
Let's analyze the candles within the triangle and the degree of sale within the triangle lets me decide that the triangle is being given up bearishly.
The MACD also shows bearish divergences.

If you look over it and pulls the long-term chart as an aid to see you see a strong zone of resistance from above pushes why I also can not imagine that this is given up bullishly.

enjoy the way

logindaten

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.