Possible short now in Gold...beware is showing a lot of strength
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XAU USA has been bullish along with XAG USD Silver today. There is some weakness in Gold right now. Possible short at top of cycle. Ideally wait for it to fall out of the rising wedge.
XAU USA has been bullish along with XAG USD Silver today. There is some weakness in Gold right now. Possible short at top of cycle. Ideally wait for it to fall out of the rising wedge.
Note
15M Gold Chart is also looking bearish with M_TOP FORMING.
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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.