FXKillA

XAUUSD (BEARISH DOWNTREND SOON!!)

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Here we can see clearly the Divergence on the RSI indicator which shows us clear down trend movement from the actual price action on the chart.
Keep a close eye on ( Gold ) world’s number 1 precious yellow metal.
Happy pip hunting traders.

Comments

Thank you for your Analysis...
+1 Reply
@InMaz your welcome brother
+1 Reply
@InMaz let me let you on a lil secret because your firm believe in me & your continuing support, here we go if my analysis are right my SALE, DOWNTREND or BEARISH TREND whatever you want to call it positions are going to drop down impulsively down to reach & touch level 1533.02 then bounces back up from there.
+1 Reply
@InMaz it’s going to be big SALES coming near future time for our fav pairs to trade.
+1 Reply
@InMaz it’s going to be shaking around but overall it’s a SALE season for GOLD brother!!
+1 Reply
@InMaz don’t forget my levels I told you about especially the last level(1533.02) keep an eye on that!
+2 Reply
@FXKillA i will remember it
Reply
Do you still think it’s going down? I’ve been hoping but boi it keeps on going up….
Reply
@flovanu yes it’s going down, if not this week, next week it’ll. keep an eye on it because it has to come down look at weekly & monthly chart
+1 Reply
@FXKillA ok cool thanks
+1 Reply