Before going up it most probably will go lower
This is the extension of another idea that was born by spotting a gravestone doji on the weekly chart.
There is a bearish divergence on the RSI (dashed line). Also a possible bearish MACD crossover seems to be on the way.
The targets I'm looking for are: fib .382, .5, and .618.
What do you think? Let me know if you disagree.
There is a bearish divergence on the RSI (dashed line). Also a possible bearish MACD crossover seems to be on the way.
The targets I'm looking for are: fib .382, .5, and .618.
What do you think? Let me know if you disagree.
Comment:
Wouldn't that be something?
Comment:
![[Gold] Will the 1800 wall be pierced?](https://s3.tradingview.com/r/rf9CK49o_big.png)