The current trend of the daily MACD fast and slow lines is downward, coupled with the correction after the RSI overbought divergence, are all signals for short-term adjustment. However, only if it falls below the starting point of the 2156 interest rate decision, it will be considered a complete downward trend. The trend line The support is at 2162, so the...
Key indicators of changes in market sentiment on Wednesday also included a report of a decline in the number of people applying for unemployment benefits, which hit a five-week low of 209,000 (lower than the expected 225,000), indicating a tightening labor market.In addition, the University of Michigan's inflation expectations report is even worse. The report...
Gold looks bullish to me, I can see a consolidation in the 15min, If price should trade down to the box grayed out, within the london open time, and I see a setup to go long. This will be my standing on XAUUSD. It is quite bullish. However, this isn't a trade advice, DYOR
OANDA:XAUUSD My Gold Long Counter Trend Setup for educational purposes only