Lets try to pick up this trend. Gold rushed a little bit over the trendline but that is ok, cause it was just to hit the 0.618 level where whe have a clear reversal now.
All this is combined with RSI Divergence, giving us further confirmation for our bearish setup!
All this is combined with RSI Divergence, giving us further confirmation for our bearish setup!
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.
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.