Get started
Trading_Zone_3773

GOLD - Weekly retracement + H4 divergence

Short
Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)  
Trading_Zone_3773  
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis XAUUSD
4
0
trendanalysis xauusd
Weekly just did nice breakout from super strong resistance. Price tend to pullback to before continuing to higher price.
snapshot

H4 time frame: We can price divergence: price is making higher high while AO is making lower high. The buyer is geting weaker. Let's monitor price action and look for SELL
snapshot

XAUUSD XAUUSD XAUUSD
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.