VERY DOUBTFULL PICTURE FOR BULLS ( Gold analysis 1 W. )
First what we can see - that gold is in a big rising wedge. ok ? …
As well you can see, that RSI continues to weaken creating a divergence on the chart, it is also worth paying attention to the formation of the head-shoulders pattern.
So as you see - nothing comforting for bulls at the moment ,PRIORITY - short / middle terms - SELL/short .
As well you can see, that RSI continues to weaken creating a divergence on the chart, it is also worth paying attention to the formation of the head-shoulders pattern.
So as you see - nothing comforting for bulls at the moment ,PRIORITY - short / middle terms - SELL/short .
