The Bearish Engulfigng has been indecisive Chart signal Flashing on & off, but we did have the retail report 8:30 am witched moved the Dxy down around 15 cents influencing the Gold price to fresh a 5 hour high, Unfortunately Fundamentals plays a big part in trend prices !
I believe this effect that the retail fundamental news has on gold today is temporary and we will slowly see the Dxy will pare it's losses and start rising back up ???
With the above comments said the Volume on my Gold Chart is weak and the red trend line slopping bearishly down.
I believe this effect that the retail fundamental news has on gold today is temporary and we will slowly see the Dxy will pare it's losses and start rising back up ???
With the above comments said the Volume on my Gold Chart is weak and the red trend line slopping bearishly down.
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Breaking Bearish again <> Flashing the Big BE signal! bearish again !
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Brearish Green Zone Break Down !!