Uptrend momentum for gold seems to be fading away at 1523, a correction is inevitable. The price will gradually fall back to test the major support of 1500. If it breaks we may be heading back to 1480 before another major price bounce.
Candle stick react to daily trend line. 4Hr, 1Hr RSI on the over sold. Divergence candle stick forming along the tend line. minimal risk with huge room to the up side Open trade at 1.05380 Tp1 1.06200 Tp2 1.07000
huge price drop on WTI recently. Will we see another drop or we will enter the correction phrase.