Multiple bearish divergences signal for a deep retracement down
Updated
XAUUSDWith these bearish divergences it looks like the time for a deep downward retracement has come for gold.
Note
We've had a sizable move down already and the latest weekly candles confirm further fall of the price. The retracement down maybe even deeper than initially projected.
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.