As seen in the previous idea not too long ago, gold has made a nice retest of the previous wedge it broke out of. Now looking to continue higher with bullish signs continuing to crop up
Note
If we look at another global view, however, we notice that gold price action seems to be losing steam and momentum seems to be turning into the negative as make a divergence with the RSI and higher highs
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.