on daily time frame rsi is showing +ve divergence.
although market shows -ve for gold but, festive demand and china crisis for energy & realstate might push gold.
waiting for one green candle.
although market shows -ve for gold but, festive demand and china crisis for energy & realstate might push gold.
waiting for one green candle.
RSI is +ve
MACD has shown +ve divergence.
YELLOW trendline which had been acted as resistance now became support.
gold looks good