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CFDs on Gold (US$ / OZ)
Short

GOLD - BEARISH RSI DIVERGENCE | CHANNEL REVERSAL CONFIRMATION?

315
  • Gold has begun printing bearish RSI divergence on the 1H timeframe which is a strong indication of imminent downside movement.
  • Sell position opened and awaiting selling pressure with a downside target of the 0.618 fibonacci retracement at $1800-$1810.

JayanVarsani
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Chart PatternsCommoditiesCurrenciesdollarEURUSDfxGBPUSDGoldTechnical IndicatorsOilSilverTrend Analysis

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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.
Chart PatternsCommoditiesCurrenciesdollarEURUSDfxGBPUSDGoldTechnical IndicatorsOilSilverTrend Analysis
JayanVarsani
Also on:

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.