Last week Gold ended with a higher low after bouncing off the .382 retracement. It is possible to start an upwave for this week. The zone looks to still be holding thus could be a good area to hold buys.
-Technical indicators-
MACD shows divergence.
Stoch RSI is not oversold
-Technical indicators-
MACD shows divergence.
Stoch RSI is not oversold
Note
Price is in critical zone
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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.
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.