Gold Spot / U.S. Dollar
Updated

Is Gold $XAU starting to reverse its downtrend?

84
XAUUSD is showing divergence with its RSI. I'm nobody to say this but normally when that type of divergence occours is a bullish sign. Still, it has a lot to cover. Gold price is +6% down from the 200 day MA, it hasn't break the downtrend line and the $1,800 range might act as a strong resistance. I'll have an eye on this.
Note
I didn't buy but what a run is having, +7% since I called it

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