OPPORTUNITY FOR A POSIBLE 3RD WAVE. SEEMS THAT BEARISH POWER IS STILL IN CONTROL. DIVERGENCE IN RSI AND MACD. RISK -REWARD 1:3 HAPPY PIPS!! Opportunity for a possible 3rd wave. Seems like the bears are still in control. Divergence in RSI and MACD. Risk- reward 1:3 Happy pips!
The gold market has been consolidating for the past few days. We are waiting for a bullish trend and retest in the 1305.649 mark to have a nice profit.