GOLD RETRACEMENT BEFORE NEW ATH?
everything is on the chart
1740-1755$ area seems to be a strong resistance level for the moment (no daily candle close above these 2 levels)
We can also notice a bearish divergence on the RSI (just remember what happened last bearish divergence). the 50% level is about to be crossed.
Nice entries are near 1570-1620$ before a nice rally to the ATH 1800-1840$ :)
Have a nice day !
1740-1755$ area seems to be a strong resistance level for the moment (no daily candle close above these 2 levels)
We can also notice a bearish divergence on the RSI (just remember what happened last bearish divergence). the 50% level is about to be crossed.
Nice entries are near 1570-1620$ before a nice rally to the ATH 1800-1840$ :)
Have a nice day !
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