XAUUSD: Looking for 1800 lvl on weekly
Clear divergence happening in Gold as prices are rising but macd is not rising with respect to price. Mostly this happens at the end of a rally.
Already gold has has recovered all the gain lost in last 2 weeks,So for this week expecting another bullish move to continue till 1800$ lvls. And would then look for this rally to stall and start to correct.
As per my EW count, expecting this to be a wave b in an abc correction pattern.
Already gold has has recovered all the gain lost in last 2 weeks,So for this week expecting another bullish move to continue till 1800$ lvls. And would then look for this rally to stall and start to correct.
As per my EW count, expecting this to be a wave b in an abc correction pattern.
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Publications connexes
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.