LiuTrader

GOLD uptrend channel to be broken soon, correction time!

Short
LiuTrader Mis à jour   
OANDA:XAUUSD   Or / Dollar Américain
GOLD
XAUUSD
XAUUSD

Medium-term reversal. Bearish Divergence on resistance started in 2016.

The chart is simple, there is no need for complexities in this case.

The uptrend channel will be broken in the next few days / weeks and the price will start a correction up to $1263 or more.

There are bearish divergences in MACD, RSI and VOLUME. With the price being close to a resistance that has been in play since 2016, the bulls will certainly not have the strength to break it.

Correction time!

If you can please hit like by supporting my work!

God bless!
Commentaire:
Started going down
Transaction en cours
Transaction en cours
Trade fermée: cible de profit atteinte:
Target 1 reached
Transaction en cours
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.