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leopisbig
Jan 15, 2018 12:11 PM
#Gold is in negative divergence, could drop below $1,300
Short
TVC:GOLD
360
GOLD (US$/OZ)
TVC
Description
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Jan 15, 2018 12:11 PM
Gold has been in an uptrend since mid-December 2017 from $1,236 and reached $1,340-1,345 range.
However, there is a negative divergence @ 6H chart, which signals a trend change to lower levels.
I think this trend change can influence gold prices and we may see - for the last time - price levels below $1,300.
For the long run, we will see prices above $1,400.
Trend Analysis
Gold
Comments
Hope4Today9
⋅
Jan 15, 2018 12:54 PM
Yeah But ,,,
Looking at the 15 min chart Gold has just moved out of over sold area of the RSI...
This thing is just getting started sure there can be a pull back On Wednesday the 17th. Or there can be a pull back on Monday the 22nd.
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Looking at the 15 min chart Gold has just moved out of over sold area of the RSI...
This thing is just getting started sure there can be a pull back On Wednesday the 17th. Or there can be a pull back on Monday the 22nd.