Gold looks over bought currently with bearish divergence on the RSI, we are two weeks away from FOMC, the break of this diagonal could signal a change in trend for the coming months.
To be safe, wait for the break of this wedge and a bear flag to form before taking short positions.
GL!
To be safe, wait for the break of this wedge and a bear flag to form before taking short positions.
GL!
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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.