NOW YOU CAN SEE CLEARLY WHICH ONE IS BETTER.
LOOKING FOR IT TO GET BETWEEN THE 2 THICK GREEN HORIZONTAL LINES.
GOLD IS GETTING CLOSE TO THE RESISTANCE THEN SUPPORT THEN TO TARGET #3
Weekly target #1 and #2 reached. Buying when the RSI reached 50 area worked out great. Now look for major correction from the box below target #3 then a move to target #3.
Bitcoin can full back to the buying area then move higher.
Gold is bullish , look to buy correction when RSI is in the 50 area.
Gold is looking great. There is resistance once over the red box then the red lines before a major correction. Then eventually to the red line as new high target.
Bullish from the buy zone. The buy zone needs to hold.
Bullish to 13k longer term. Broke above the sell zone resistance.
THE RED BOX = RESISTANCE IS REJECTING PRICE AND SUPPORT IS THE BLACK DOWN TRENDING LINE AND THEN THE GREEN BOX FOR A NICE RALLY
Time to book profit and even look to short.
RSI DIVERGENCE WORKS WHEN IT WANTS IN A BULL MARKET BUT WORKS BETTER IN A BEAR MARKET. THE MAJOR WEEKLY TREND LINE STILL IN TACT, SO WHY ARE PEOPLE LOOKING FOR A BIG DROP????
IF WE BREAK THE SUPPORTING TREND LINE LIKE BEFORE THEN ANOTHER FALL AND THAT SHOULD FINISH THIS BEAR.