GOLD is decelerating while approaching a resistance.
Even though the market is in a bullish trend , price action is printing small candles, indicating losing momentum.
Price action printed a double top with divergence at the resistance level , and price most likely will remain below the psychological level of 2000.
We expect a pullback from the resistance.
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Share your opinion in the comments and support the idea with Like. Thanks for your support!
Even though the market is in a bullish trend , price action is printing small candles, indicating losing momentum.
Price action printed a double top with divergence at the resistance level , and price most likely will remain below the psychological level of 2000.
We expect a pullback from the resistance.
-------------------
Share your opinion in the comments and support the idea with Like. Thanks for your support!
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