Stochastic show early June movement possible.
Macd on 1D chart ready to turn green side.
Chip shortage was knew by investors since mid July and Apple didn't confirm yet how will affect production of Iphone13
Monday event day.
Expecting a quick shot to 145 before Monday!
-Significantly volume down and chart showing a Negative RSI divergence on daily chart.
-Hit to top line of uptrend line and long positions started to take profit.
-SP500 started showing a weakness.
-144 -135 -122 next correlation targets according to my chart.
Good luck to all and have a nice trading day
Small pull back makes happy bears but if you look entire markets all moved to south side today, Before FED meeting people wants to take their profit. But it doesn't mean GOLD will stop, Expecting a pull back to 1762-1765 and continue to rise