Regular Bearish Divergence with OBV indicator ===>> Possible Bearish Breakout
Hidden Bearish divergence with OBV indicator ---> down trend correction ===>> Possible down trend continuation
XAUUSD 1H Hidden Bearish Divergence pattern with Indicator OBV ---> Expect Bearish trend continuation ===>> SELL GOLD
- Ascending wedge formation ----> BEARISH Breakout - Hidden Bearish divergence with OBV indicator ----> Bearish Trend continuation
- Ascending wedge formation ---> Bearish break out - Hidden Bearish divergence with OBV indicator ---> Bearish trend continuation
In XAUUSD 15 minutes chart, - Ascending wedge formation ---> possible bearish break out - Hidden divergence with Stochastic indicator -----> possible down trend continuation ----> BEARISH BREAK OUT
XAUUSD in 15 minutes chart shows, - Hidden divergence - Strong support level ----> BULLISH TREND CONTINUATION
- Descending wedge on 15 minutes - Regular convergent with On Balance Volume (OBV) -----> Potential bullish break out.......
Currently XAUUSD (Gold) is in a descending wedge in 15 minutes chart & in a regular convergent with On Balance Volume (OBV). So it is expected to break this pattern to upside...... We are in a gold buying position.
XAUUSD creating a DESCENDING wedge in 15 minutes time frame.... expecting short term buying opportunity