Divergence detected on both MACD and RSI, and GOLD is making a bearish flag and going nowhere. Watch the price around 1321 to find an entry selling short. Stop loss above the previous high. Risk&reward is decent, worth a shot! Once it came to 1280-90 level, we decide whether go long or not.
Note
Dollar Index bullish Gartley Pattern on daily chartNote
A nice breaking down!!Note
Seems like everyone is trading Crypto, nobody is interested in trading normal assets anymore, lol!
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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.