Gold is ready for the minor retracement
https://www.tradingview.com/x/9W2rJZLM/
Gold bounces strongly from 1460 and hit 1500+, I would say the dead cat bounce back is too quick and losing the stem. I would expect a minor retracement to 1480s region followed by corrective wave C.
Yea, 30min rsi bearish divergence shows a short term bearish signal.
Gold bounces strongly from 1460 and hit 1500+, I would say the dead cat bounce back is too quick and losing the stem. I would expect a minor retracement to 1480s region followed by corrective wave C.
Yea, 30min rsi bearish divergence shows a short term bearish signal.
Forex & Crypto day trader
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