ZenFlo

Gold Chart with Bonus hidden divergence tutorial.

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Okay so here we have a daily chart for XAU we can see price is under the ema89, price has been ranging sidewards now since 16th May, so we need eventually for the pressure to build and a forceful expansion happen, the daily candle printing in 33 mins looks very bearish and we could look to take sell trades and attempt to sweep the longs in the market, as Interest rates start to climb, Xau can come up to considerable pressure. Rvi divergences are a simple and free method of finding hidden divergences in swing highs and lows ect, you can see in this chart how sometimes it will give you a good warning of a potential reversal.

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