Gold entered a small downtrend mid-way into last week. It's now entering an area of demand and the 100 SMA. Price action line on the indicator is forming as well as divergence. May enter long at the close of this 8H candle. Will post an update.
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.