Gold looking very bearish macd H&S on weekly $gdxj $jung $jdst

Short

Gold Spot / U.S. Dollar (FX:XAUUSD)

Updated

FX:XAUUSD Gold Spot / U.S. Dollar

Beyond Technical Analysis

beyondta

AD already crossed down on weekly, 50 threat 200 ma cross

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if you're bullish on gold you want to see a 96.50 dxy for any chance of forming a daily head and shoulders pattern

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1187.73 retest and it needs to hold for bulls

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bearish 1hr spike alert if AD crosses below 200

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bulls have to get over 1189.79 (blue line)

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holding short from 1189.76 where I re-shorted gold

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5min head and shoulders

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Apex Time

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Gold approaching Apex $gld $gdxj $jnug $nugt $gdx $dust $jdst

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