Gold could go a bit lower but shows clean oversold upcross on 8h oscillator. 16h oscillator about to upcross as well without reaching fully oversold.
Fractal composite ribbons are turning up from downtrend, preparing for divergent higher lows?
Fractal composite ribbons are turning up from downtrend, preparing for divergent higher lows?
Note
The expected up move activated today I still expect a few points higher toward 1230 before correcting about half of the move back to 1210-1215.
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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.