salsapete

Gold update - short

Short
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Factors suggesting gold possible resumption of downtrend

1. Price/Momentum hidden divergence

2. Recent daily candle piercing 14 MAV, with suggestion of a close beneath this soon.

Trade is on chart.
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.