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Gold bounces strongly from 1460 and hit 1500+, I would say the dead cat bounce back is too quick and losing the stem. I would expect a minor retracement to 1480s region followed by corrective wave C.
Yea, 30min rsi bearish divergence shows a short term bearish signal.
Gold bounces strongly from 1460 and hit 1500+, I would say the dead cat bounce back is too quick and losing the stem. I would expect a minor retracement to 1480s region followed by corrective wave C.
Yea, 30min rsi bearish divergence shows a short term bearish signal.
Forex & Crypto day trader
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Forex & Crypto day trader
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.