Gold Spot / U.S. DollarUpdated XAUUSD
There have 4 Confirmation in XAUUSD
1. Under the Major Downtrend
2. Under of Strong Resistance
3. Preparing the Rising Wedge
4. Appear negative divergance & Momentum showing down
1. Under the Major Downtrend
2. Under of Strong Resistance
3. Preparing the Rising Wedge
4. Appear negative divergance & Momentum showing down
Note
Break the Rising Wedge and come down. We have to wait and see how far it will go.
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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.