OANDA:XAUUSD   Gold Spot / U.S. Dollar
Finally there is a potential sign of reversal. RSI demonstrates divergence. The price finally started posting bearish engulfings and overall looking more bearish. You might be surprised why I am so stubborn with the bearish case - I insist that in the big picture the gold should shake off long positions by taking a sharp and deep dive before turning up for the long-term.


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