I beliieve we are going to see a turning point on the level and gold will starting shooting up to make higher high for the next quarter. Price is reacting to the Demand level on higher timeframe and also we notice a divergence on the oscillator indicators
Trade active
Just had the same divergence in lower timeframe and price exploded to the upside making a higher high
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.