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GOLD still on down trend

CFDs on Gold (US$ / OZ) (TVC:GOLD)  
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TVC:GOLD   CFDs on Gold (US$ / OZ)
Trend Analysis Chart Patterns Technical Indicators PRO algo scalping dt ST
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trendanalysis chartpattern indicator pro algo scalping dt st
GOLD is still on down trend, but it could have some bounce from this level

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Comments

SmileR2020
First daily engulfing candle in ages looking like a possibility for today..but it could change of course...have to see daily close tonight..RSI turning up....If there is an engulfing candle at close tonight, MACD crosses and RSI turns up...this could be the bottom....It all depends on the close tonight
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ProKingTV SmileR2020
@SmileR2020, yes, 4-hour chart is uptrend, see the following chart

snapshot
+1 Reply
SmileR2020 SmileR2020
👍👍
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ProKingTV SmileR2020
@SmileR2020, this is my indicator:
Pro Algo Scalping/DT/ST No Repaint/No Lagging by@ProKingTV
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ProKingTV
This Idea published 12 hours ago. Gold moved down as expected
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SmileR2020
Yes gold not looking too good but I still would not short it at these levels...happier to wait for a long...1700 to 1750 ..watch for a strong reversal or bottoming pattern....best of luck with your trading..
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ProKingTV SmileR2020
@SmileR2020, keep going down....
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