GOLD may lose its shine, as we observe a clear "negative divergence" whereby rising prices and a declining RSI. We are breaking out of a triangle formation, plus we are negative on fisher and other indicators (not shown).
Strategy SELL @ $ 3,300-3,350 and take profit near $ 2,965 for now.
Strategy SELL @ $ 3,300-3,350 and take profit near $ 2,965 for now.
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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.