Gold Spot / U.S. Dollar
Updated

XAUUSD - Bullish Divergence

121
Looks like there is a strong momentum for price to retrace. If it breaks 1302, it move further up.
Note
Bullish divergence no longer valid for the 4H frame. Instead, bearish flag might be on place

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.