Candlez

SHORT (WILL THE BEARS TAKE THE BULLS BY THE HORNS)

Short
EASYMARKETS:XAUUSD   Gold Spot / U.S. Dollar
As stated the macd has crossed with the volume indicating bearish divergence .last time macd fell from this height the drop was significant .
the RSI is way oversold and has also crossed indicating bearish momentum.
my buy sell indicator has also turned to a sell with the momentum indicators, crossing from a good height indicating a possible significant drop.
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