This is the extension of another idea that was born by spotting a gravestone doji on the weekly chart.
There is a bearish divergence on the RSI (dashed line). Also a possible bearish MACD crossover seems to be on the way.
The targets I'm looking for are: fib .382, .5, and .618.
What do you think? Let me know if you disagree.
There is a bearish divergence on the RSI (dashed line). Also a possible bearish MACD crossover seems to be on the way.
The targets I'm looking for are: fib .382, .5, and .618.
What do you think? Let me know if you disagree.
Note
Wouldn't that be something?
Note
![[Gold] Will the 1800 wall be pierced?](https://s3.tradingview.com/r/rf9CK49o_mid.png)
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.
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.