Before the market close we are getting to much signals of bearish trend at the XAU/USD (GOLD),
we have:
1) EMA 50 & EMA 200 CROSSING IN TWO TIME FRAMES (2h & 4h).
2) RSI & THE INDEX, NO RELATIVE BETWEEN THE DOUBLE TOP RATES.
3) FIB RES, THE RATE IS BELOW THE 50% COREECTION, WHICH MEANS, ITS A NEW TREND.
4) MACD CROSSED THE ZERO LINE.
Guys i got my approval for entering the market,
lets hope for the profits,
DON"T FORGET TO POT STOPLOSS,
enjoy it, (DON"T SAY THAT I DIDN"T TELL).
have a profitable weekend.