EGS-zs8-1
Long

GOLD BULLISH DIVERGENCE

FX_IDC:XAUUSD   GOLD / US DOLLAR
33 0 1
Divergences signal a potential reversal point because directional momentum does not confirm price.A bullish divergence occurs when the underlying security makes a lower low and RSI forms a higher low. RSI does not confirm the lower low and this shows strengthening momentum.
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