Kumowizard
Short

Gold - Not so bright

FX:XAUUSD   Gold/U.S. Dollar
482 5 2
Weekly:
- Bearish trend channel persists, Price back below Kijun Sen
- HA candles bearish , haDelta further below zero line and SMA3, Oscillator is bearish

Daily:
- Turning more bearish . Price dips below Kumo, the Kumo ahead is thick above Price. Chikou comes below Price.
We also have a bearish Senkou Span cross (forward Kumo switches to bearish
- Short term uptrend line is broken. Candles are red, haDelta and Oscillator are bearish .

As USD goes more bullish again, Gold             can stay under selling pressure.
We may see pull backs from time to time, but Gold             will be strategic bullish only if we see a Kumo breakout on the Weekly chart.
Mickette
2 years ago
USD has just broken out to the upside from its Jan-26 built TRIANGLE formation
Reply
2use Mickette
2 years ago
Any chart?
Reply
Kumowizard PRO 2use
2 years ago
Well, I think it is still within a range. I mean USD Indx. Trades pretty much as EURUSD itself. Still in consolidation.
Reply
Some bottom fishing in Gold is happenning. Also US10y futures better bid all day. Is it a sign of some USD correction?
Anyway, if you are interested, here is a chart for USD Indx:
USD Indx - It is still trading in a range


Not yet decided.
Reply
2use Kumowizard
2 years ago
I am interested as i am closely watching gold, dxy, euro, eurusd, eursek, noksek, usdsek,
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out