Gold showing us bullish divergence in the price action and both indicators (RSI and MACD)
We look in the price actin making a lower low and RSI making a lower high. Meanwhile, in MACD it's appear that we continue in up direction.
Now, I want to share you this analysis in H4 timeframe we're we look indicators oversold and we could to look a bullish reversal in the price.
We look in the price actin making a lower low and RSI making a lower high. Meanwhile, in MACD it's appear that we continue in up direction.
Now, I want to share you this analysis in H4 timeframe we're we look indicators oversold and we could to look a bullish reversal in the price.
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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.