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Gold Daily Update: Is the bull run overstretched?
Gold Spot / U.S. Dollar
Short
Gold Daily Update: Is the bull run overstretched?
By MujkanovicFX
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Jul 5, 2019
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Jul 5, 2019
Gold formed a double top pattern on the daily chart as the price didn't manage to break above the $1,439 high in this week's attempt.
The RSI is forming a slight bearish divergence, which combined with a pinbar (tweezers) candlestick pattern may send the price lower.
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Chart Patterns
Forex
Gold
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Trend Analysis
XAU
XAUUSD
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