GOLD : Bearish Divergence in 120min

FX:XAUUSD   Gold Spot / U.S. Dollar
160 2
I am still a convinced bear on XAUUSD (see "Is Gold Still a safe-heaven")

This bearish divergence signals us another opportunity to short XAUUSD at a good level.
Moreover, we are hitting a more long term resistance (see in D).

My first target is at 1145 around the 200 moving average (in red). Then we would need an update on a more long term chart to know what's next...
i am a bear too but the mom.targets are now 1190 - 94 in my view
magnans Doppel_A_Trade
It seems you were right. Good view
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out