Gold Spot / U.S. Dollar

Updated

xau/usd trend by renko

gold trend in the near past with renko and some useful indicators and divergences

Note

the very last divergence will be validated when the last brick will become green

Note

then we have to wait for the clear buy signs ( indicators need to cross the zero lines )

Note

or go down a lower timeframe for example 1 hr or less ( u can see it on my next published picture )

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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.

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.