Are we before a serious price correction for the #gold#XAUUSD
The gold at a resistance line of Fibonacci 0.78, although this resistance line can be broken, it should be taken into account that this does not happen easily.
The Stochastic crosses a landline and is above the 80 line, the previous 2 times the gold was in this area (80) the gold fell on average 200 points.
The RSI has risen to 75 points, which is usually indicative of Overbought and a marked trend change
Our recommendation is= sell
Target: 1600
The Stochastic crosses a landline and is above the 80 line, the previous 2 times the gold was in this area (80) the gold fell on average 200 points.
The RSI has risen to 75 points, which is usually indicative of Overbought and a marked trend change
Our recommendation is= sell
Target: 1600
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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.