Pashabxl

XAUUSD: Towards a correction?

FX:XAUUSD   Gold / U.S. Dollar
223 0 2
There are initial signals concerning a correction if not yet a reversal of trend for XAUUSD             .
The orientation of the Lagging span is to be watched carefully. Above that, The price could not cross the Kijun . The RSI is about to come to the red trend line beloow wich RSI is bellow 50.
Although the Kumo Cloud do not give a clear signal of a future change of trend, it is rather think i.e volume and volatility .
Therefore,as far as prices are concerned, any price bellow 1240 should be watched carefully
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