Overall trend which is shown by d1 chart xauusd remains bearish. Candle is still running below ma 50. Candle is running below the cloud of ichimoku too. But macd is crossing up below 0 area upward. For this sort orf market I prefer to sell the rally. The moment would be whenever gold rally up near the upper parallel down trend chanel. That is the moment to SELL this week. 🙏🙏🙏
I will remain bearish for gold until the d1 candle able to breaks above and stays above the cloud of ichimoku.
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.